Define Globalization. Explain favourable and adverse effects of Globalization on Indian Industry.
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The penetration of technology and new economic structures are leading to an increased interaction between people. As with other things there have been both positive and negative impacts on India due to it. Conclusion: We cannot say that the impact of globalization has been totally positive or totally negative
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Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.
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