Question

desdescribe briefly the growth of the automobile industry and the information technology industry after the globalisation

Answer 1

The word globalization often appears as a description rather than an analytical concept, describing a certain phenomenon in an extremely wide range of fields. Thus, a large list of concepts of globalization includes the globalization of financial markets, corporate strategies, technology, consumption patterns, regulatory capabilities and governance, world politics, and socio-cultural processes. It is easy to perceive the increase in the flow of trade, especially intra-firm transactions by multinational corporations, and the even faster growth of global capital markets that are obvious signs of globalization. The globalization of production is the most visible evidence that can be detected from the growth of manufacturing FDI, and even more significant is the expansion of the international capital market.
The sheer scope of the globalization debate, however, raises the question about the plausibility of a 'universal' understanding of globalization across political, economic and social arenas. Under such circumstances, accumulating stories of globalization in various fields would contribute to a more comprehensive picture of globalization. When focusing on global economy, globalization has two components: finance and production. Globalization of these factors appears in the form of the increased international mobility of capital and the growing incidence of mergers and acquisitions and strategic alliances. And for both finance and production, markets have facilitated the globalization process, while markets themselves also became globalized.
The level of globalization in those various aspects, however, differs significantly depending on industrial sectors; Strange (1997) emphasized that globalization is not a universal phenomenon, but it differs depending on sectors and firms rather than on states. Among various industries, only a few are practicing 'globalism' in all aspects of sales, production, personnel, research and development, and financing. Individual firms often seek for localization of their activities along with their 'global strategies'. Only a handful of multinational corporations specifically target the global market instead of focusing on several local markets, and operate their production globally rather than having local production independent and separate from production in other areas. In this sense, globalization has not permeated as thoroughly as the popularity of the word suggest.

Answer 2

I am telling it in short.

Growth of automobile industry and information technology after globalisation:-
1. Due to the large investment in industries and new introduction of technology people have discovered a way to use their resources judiciously. This have Arose the production of automobiles in industries for travelling.
2. Due to India is having a large skilled labours so MNCs are using these resources to get information. This have created a large span of technology intoduction in India for further development of the country.

That's All
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