What are the impacts of globalisation in India?
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Globalisation has both merits and demirits in india.The impact of globalisation has not been uniform.... It has only benefitted skilled and professional person in urban not the unskilled persons. The industrial and service sector has much gained in globalisation than in agriculture. It benefitted MNCs on domestic producers and the industrial working class. Small producers of goods such as batteries, capacitors, plastics, toys, tyres, dairy products and vegetable oil have been hit hard by competition from cheaper imports.through it various technologies have flowed to india
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ⓗⓔⓡⓔ ⓘⓢ ⓨⓞⓤⓡ ⓐⓝⓢⓦⓔⓡ
• Globalisation made greater competition among producers both local and foreign producers.
• Consumers get improved quality product at lower price.
• MNCs have increased their investment in India.
• Employment opportunities increased.
• Local companies supplying raw materials to MNCs have prospered.
• Globalisation enabled some large Indian companies to emerge as MNCs.
• It has also created new opportunity for companies providing services like IT companies.
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• Globalisation made greater competition among producers both local and foreign producers.
• Consumers get improved quality product at lower price.
• MNCs have increased their investment in India.
• Employment opportunities increased.
• Local companies supplying raw materials to MNCs have prospered.
• Globalisation enabled some large Indian companies to emerge as MNCs.
• It has also created new opportunity for companies providing services like IT companies.
❤HOPE IT HELPS YOU❤
ッ
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