what is the impact of globalisation on the consumer of India
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globalization has had some very positive effect on the Indian consumer in all sectors of society.
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Globalisation exposes firms to international competition in order to survive in the global market firms have to improve efficiency of a corporation reduce cost and improve quality.
Globalisation involves rapid movement of capital technology and managerial skills.
Globalisation leads to tremendous redistribution of economic power and political power which may have considerable destablising effect.
Downtrend in international economic activity causes greater damage to the globalised economy.
Limited resource and development and marketing research, lack of experience in managerial business abroad and are other major constraints on globalisation of Indian industry.
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