Question

what are the major positive impacts of globalisation on indian economy

Answer 1

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Answer 2

Globalization is the rapid assimilation or interconnection between nations mostly on the commercial level. In another word, Globalization involves combining our market economy with the global marketplace.  MNCs are expanding their headquarters and establishing up companies or organizations in other nations where laborers are reasonably available at cheaper price.

Globalization has yielded major advantages in developed nations and also provided an array of benefits to the developing nations. The positive outcomes comprise of various factors such as development in education, business, technology, contestant, expenditures and capital flows, employment, culture, and organization composition.