Question

Guys please tell me the answer.
What is the impact of globalisation in India?

Answer 1

Answer:

it leads to extreme industrialization...

Explanation:

mark as brainliest

Answer 2

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$\boxed{\underline{\bf{\blue{Impact \: of \: Globalisation \: in \: India}}}}$

➠ Globalisation resulted in more competition

among producers (both local and foreign),

benefitting consumers particularly the

prosperous sections in the urban areas. It gives

a greater choice of goods with improved quality

and lower prices.

➠ MNCs have increased their investments in

India in cell phones, automobiles, electronics,

soft drinks, fast food and services such as

banking in urban areas.

➠ Due to this many new jobs have been created

and local companies supplying raw materials

and services to these industries have

prospered.

➠ Globalisation brings in new and improved

technology by which even the local companies

benefit.

➠ Some large Indian companies like Infosys,

TATA, Asian Paints, Ranbaxy have emerged as

MNCs and set up companies in other countries.

➠ New companies that provide call centres, IT

related services, accounts and administrative

jobs have come up.

➠ Globalisation has threatened small

producers as their production has stopped.