2 Explan any three effects of globalisation on India Industries and any three needs for globalization
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Explanation:
Impacts of globalisation in India are
(i) It has improved the productivity and efficiency of Indian companies in the use of resources through the process of competition.
(ii) The growth rate of the economy has gone up with the increase in foreign investment and foreign technology in India.
(iii) It has allowed the consumers to enjoy a wider range of goods and services at lower costs.
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Answer:
- It improve the productivity and efficiency in the use of resources through the process of competition
- growth rate of economy has gone up with the increase in your foreign in investment and foreign Technology in India
- it allows the consumers to enjoy and wider range of goods and services at a low cost
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