explain the need for Rapid industrial growth in the era of globalisation and liberalisation in India.
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Through the process of globalisation, business enterprises in developed countries develop new markets, new expertise is achieved, and efficiency increased to global levels. The liberalisation of 1991 has exposed the Indian companies, which were under protection for over decades, to the process of globalisation.
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globalization is A set of fresh beleifs Working methods Economic, political and socio-cultural realities in which the previous assumptions are no longer valid.
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