analyse any 5 positive effects of globalization on the Indian economy
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Five positive effects of globalization on tge Indian economy are :-
# MNCs have increased their investment in India.
# Due to this industries and services, new jobs have been created.
# Several top Indian companies have bees able to benefit from the increased competition.
# Many large Indian companies have also emerged as multinationals.
# Globalization has also created new jobs in IT sector like call center job, data entry, accounting, ect.
# MNCs have increased their investment in India.
# Due to this industries and services, new jobs have been created.
# Several top Indian companies have bees able to benefit from the increased competition.
# Many large Indian companies have also emerged as multinationals.
# Globalization has also created new jobs in IT sector like call center job, data entry, accounting, ect.
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The Globalisation has impacted Indian economy in the following ways
(i) Increase in foreign investment, Over the past twenty years, the foreign investment has increased.
(ii) Emergence of Indian companies as multinational Several of the top Indian companies like Tata Motors, Infosys, Ranbaxy have been able to get benefit from the increased competition created as a result of Globalisation.
(iii) Creation of new opportunities Globalisation has created new opportunities for Indian companies, particularly providing services like IT.
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