Describe the impact of globalisation on Indian economy with examples...
sweethie12911:
sry the question is for sst not hindi...
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Impacts of globalisation in Indian economy are follow as.. * it has improved the productivity and efficiency of Indian companies in the in the use of resources through the process of competition. * the growth rate of Indian economy has gone up with the increase for investment and foreign technology in India.
examples ??
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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.
(iv) Creation of new jobs For those which are Globalisation has created new jobs and has helped in reducing unemployment rate to an extent.
(v) A host of services such as data entry, accounting, administrative tasks, engineering are now being done cheaply in India.
(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.
(iv) Creation of new jobs For those which are Globalisation has created new jobs and has helped in reducing unemployment rate to an extent.
(v) A host of services such as data entry, accounting, administrative tasks, engineering are now being done cheaply in India.
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