Question

what is the impact of globalisation on India ?​

Answer 1

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Answer:

There are some negative impact of globalization such as this process made disparity between rural and urban Indian joblessness, growth of slum capitals and threat of terrorist activities. Globalization increased competition in the Indian market between the foreign companies and domestic companies.

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Answer 2

Answer:

Impact of Globalization on India:-

By removing barriers, many MNCs started investing and trading in India.

By this, Indian customers got many good options.

It became competition to Indian local traders.

Due to over competition, some small industries were shutted down.

Local culture and tradition was diminished.

Some industries benefited by collaborating with MNCs.

Pollution also increased and due to lack job opportunities people comiited to criminal activities.