Social Sciences, asked by muditbhardwaj, 1 year ago

is globalisation affecting the Indian economy

Answers

Answered by rahulragini
7
Globalisation has opened up several doors for the Indian economy. Firstly, Indian companies are able to source for raw material across the world. Secondly, Indian manufacturers are able to look for markets around the globe. Thirdly, Indian experts are finding better work opportunities as they are in great demand everywhere. Fourthly, companies that are in the Informational Technology space have taken India to stratospheric heights with the help of a population that is very conversant with the English language. Due to the last three factors, India's foreign exchange reserve is building up at a frenetic pace.
 
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