How has globalisation impacted on india with regard to this particular dimension
Answers
Answer:
Impact of Globalisation on India
More new jobs have been created in the MNCs like cell phones, fast food etc. India is playing a crucial role among developing countries in trade and commerce by making some companies multinational themselves i. e. Tata Motors, Ranbaxy etc.
Answer:
Impact of Globalisation on India
More new jobs have been created in the MNCs like cell phones, fast food etc. India is playing a crucial role among developing countries in trade and commerce by making some companies multinational themselves i. e. Tata Motors, Ranbaxy etc
Explanation:
The impacts of globalisation on India:
(i) India has opened up its markets, from being a protective economy, it has now opened upto foreign investment.
(ii) This has led to cultural homegesition, making culture more different and distinctive.
(iii) This has led to deregulation of many commodities like oil.
India has felt the impact of globalization through increased prosperity, partly triggered by increasing trade volumes, investment, and growth. ... Scholarly work on trade, FDI, and the environment in India with rich theoretical insight and solid empirical evidence is scarce.