Question

imagine the trade in 2040 in india in the view of globalisation?​

Answer 1

Explanation:

globalisation will destroy not only INDIA but it will destroy the world.

Answer 2

The changes in technology and globalization has increase the level of trading in the past few years. The growth in trade has been mainly in the area of goods and services. Liberalization of trading and globalization has resulted in many foreign companies investing in India and this will further increase in the coming years.

Explanation:

• Globalization has resulted in a major rise of foreign investment in the technological and retail sectors. The liberalization of trade has opened many boundaries for India which has lead to an increase in the growth rate of GDP of the country
• With the increase in globalization the private sector companies of India would be playing an important role in the growth and development of the country. The flow in trading due to globalization along with a growing domestic market in India would make India one of the leaders in the global arena by the year of 2040
• The increase in exports  and outsourcing of work by the the countries in India has lead to more employment opportunities for the people in the country. It has resulted in increase in wealth and income in a number of cities in the country. The rise in multi national companies is on the rise and will increase further in the coming years.

To know more about globalization

Effects of globalization on India of chapter globalization in making of global world

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