Guys please tell me the answer.
What is the impact of globalisation in India?
Answers
Answer:
it leads to extreme industrialization...
Explanation:
mark as brainliest
➠ 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.