Question

positive impacts of globalisation on the indian economy

Answer 1

Globalization is the integration between countries through foreign trade and foreign investment by MNCs.
1) Due to globalization many MNCs have increase their investment in India, this resulted in the increase of job opportunity and improve the standard of living of peoples.
2) Top Indian companies have benefited from the increased competition and they invested in newer technology and production method.
3)Large Indian companies have imerged as multinational likes Tata motors.
4)Globalization also increase the job opportunities for Indian companies providing services particularly in IT fields.

Answer 2

positive impact of globalisation are as follow:
(1) local companies supplying raw materials,etc to these industries have propered.
(2) a great choice before consumers.
(3) possibility for higher standards of living than earlier.