. How important is a highly educated human resource pool for MNCs wanting to invest in India? Is it more important for some businesses than for others?
A highly educated human resource pool is important in for the MNCs dealing in medical, engineering and telecommunication to invest in India. As mentioned earlier, they can be hired at a low salary. Communication becomes easier and growth becomes faster with such an asset. Negotiations with Indian partners are easier to deal with. Highly educated people represent a safer and stable economy, which is an important aspect for foreign investors. Other than the aforementioned areas of business, a highly educated human resource may not be necessary. For example, a MNC like IKEA who deals with Indian rug makers may only need skilled laborers.