Question

What is the impact of globalisation on Indian economy?

Answer 1

This period of economic transition has had a tremendous impact on the overall economic development of almost all major sectors of the economy, and its effects over the last decade can hardly be overlooked. Besides, it also marks the advent of the real integration of the Indian economy into the global economy.

Answer 2

Heya mate ☺

following are the impact of globalisation on Indian economy :-

1. producers can sell their product ....in the market of other countries and can compete...there.....and so this led to integration of market.

2.choices of consumers increased.

3.quality of goods became better.

4.prices of goods falk down...as the competition increases.

-----☆☆-----hope it helps you !!