what is the impact of globalisarion in india
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Answered by
2
1) local companies face competition. small companies might shut down
2)workers in small companies work for long hoours and recieve low wages
3)mncs profit from globalisation
4)consumers have wider range of options to choose from
5) better quality good for low prices
gokulchief:
INcrease in GDP of the country
Answered by
5
☺☺ hlo mate here is ur answer ☺☺
GOLBALISATION : Rapid integration of nation is known as globalisation .
POSSITIVE EFFECTS :
☆ . several of the top indian companies have been able to benefit fro. the increased competition .
☆ . They have invested in newer technology and production methods and raised their production standards.
☆ . Some have gained from successful collabration with foreign companies.
NEGATIVE EFFECTS :
☆ . Some of the small industries have been hit hard due to competition .
☆ . Several units have been shut down rendering many workers jobless.
HOPE THIS WILL HELP U ✌✌
GOLBALISATION : Rapid integration of nation is known as globalisation .
POSSITIVE EFFECTS :
☆ . several of the top indian companies have been able to benefit fro. the increased competition .
☆ . They have invested in newer technology and production methods and raised their production standards.
☆ . Some have gained from successful collabration with foreign companies.
NEGATIVE EFFECTS :
☆ . Some of the small industries have been hit hard due to competition .
☆ . Several units have been shut down rendering many workers jobless.
HOPE THIS WILL HELP U ✌✌
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