Economy, asked by Nolansia8301, 1 year ago

Explain the impact of globalisation in india in respect of mnc and several top indian companies

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Answered by Anonymous
5
Rapid improvement in transportation and communication technology and the liberalisation of trade restrictions and foreign investment have been the major factors that has enabled the globalisation process.
The dramatic improvement in transportation technology has played a vital role in faster delivery of goods across long distances at lower costs and in the movement of people from one country to another in a short time. As the basis of gloalisation is foreign trade movement of goods and people are vital for globalisation.
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