Geography, asked by deadmau4408, 1 year ago

explain why the government decided to liberalise the foreign trade and foreign investment in India around 1991

Answers

Answered by shumrithinagarajan

1

Government decided to liberalise the foreign trade and foreign investment in India around 1991 because to have a foreign competition.

In India already almost Indian industries are developed.So there is a need for competition with foreign companies and helps to expand their business.

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