story on globalisation
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I still remember that time when my father used to say even before I was born took a car. It was nearly 1980's.Unfortunately only Ambassador and Fiats were available on the Indian roads. My brother wished to take q digital camera. Nevertheless, we were not so rich to take that.
But everything changed after 1991.Govt. enacted a new policy of globalisation. It removed all the trade barriers and emphasized free trade. This reduced the cost of many things to large extent. Chinese toys flooded the Indian markets. Enormous variety of cars, bikes entered into the market . Types and varieties of cameras are just beyond our thoughts and many more.... One could not imagine such a heavy change happened in the society. We had a local business of pickels. We decided to took the benifit of globalisation. God's grace it succeed. We started selling pickels to nepal, Pakistan, and soon had a demand all over the world seeing us our brother also started the same task. He is a good cook and used to make juices and soft drinks. He began selling them. Demand increased over time. Production boomed day by day.
Many industries began to develop factories in India due to cheap labour. Employment increased to large extent and many people became employed. Again came up the idea to buy up a car and now there are nearly all the varieties of cars on the Indian roads. Indians could buy up products of all top companies in the world. The latest models of mobile phones are within our reach. In matters of years, our market have been transformed....
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