Question

how globalization led to transformation of markets in Indian economy?​

Answer 1

Answer:

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.

Explanation:

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Answer 2

Answer:

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Explanation:

Globalization has been defined as the process of rapid integration of countries and happenings through greater foreign trade and foreign investment. It is the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture...