how has globalisation enabled development of India explain with facts
Answers
The factors which have enabled globalization in India are
(i) Improvements in technology have taken place.This has led to huge reduction in cost and increase in speed in reaching the markets.
(ii)Telecommunication facilities are used to contact one another around the world and to communicate from remote areas.
(iii) The Government of India has removed barriers or restrictions to trade set earlier.
(IV) Multinationals have been allowed to set-up factories and offices in India.
Answer:
(i) Improvements in technology have taken place.
(ii)This has led to huge reduction in cost and increase in speed in reaching the markets.
(iii)Telecommunication facilities are used to contact one another around the world and to communicate from remote areas.
(iv) The Government of India has removed barriers or restrictions to trade set earlier.
(v) MNCs have been allowed to set-up factories and offices in India.
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