Question

019
How has globalization been advantageous to both the producers as well as the
consumers in India? Explain​

Answer 1

Answer:

• Advantages of globalisation to producers in India: Local companies, supplying raw materials to MNCs, have developed and prospered. ... Through these MNCs, technology has been transferred to developing countries. It has enabled them to produce quality goods and make them available in the international market.

Answer 2

Answer:

Advantages of globalisation to producers in India: Local companies, supplying raw materials to MNCs, have developed and prospered. ... Through these MNCs, technology has been transferred to developing countries. It has enabled them to produce quality goods and make them available in the international market.