What has been the positive impact of globlazation in india
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ANSWER...
Impact of globalisation in India are as follows:-
1. Globalisation resulted in more competition among producers, benefiting consumer particularly the prosperous sections in the urban areas. It gives a greater choice of goods with improved quality and lower prices.
2. MNCs have increase their investment in India in a cell phones, automobiles, electronics, soft drinks, fast food and services such as banking and urban areas.
3. Due to this many new job have been created and local company supply raw material and services to the industries have prospered.
4. Globalisation brings in new and improved technology by which even the local companies benefit.
5. Some large Indian companies like Tata, Asian Paints, etc. have emerged as MNC set up companies in other countries.
6. New companies that provide Call Centre, IT related services, accounts and administrative Jobs have come up.
7. globalisation has threatened a small producer as their production has stopped.
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