What are the impacts of globalisation in india 0?
Answers
QUES. ▶ How has Globalisation affected India?
ANS. ▶ Globalization has resulted in increase in the production of a range of goods. MNCs have established manufacturing plants all over the world. It has positive effects and India will overcome many obstacles and adopt global policies to expand business at international scale.
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Impacts are as follows ↴
⚘ MNCs started investing in India and with time they increased their investment as investing in India had been beneficial for them.
⚘ Top Indian companies raised their production standards due to competition and they also got new technology by collaborating with MNCs.
⚘ Some large Indian companies became MNCs like TATA, Asian paints, Infosys, etc.
⚘ More jobs for people... and more opportunities for companies...
⚘ More choices... Cheap products... Standard of living increased...
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