Sociology, asked by Ashmithakolapuri, 10 months ago

what is the impact of Globalization on India( 8 points)​

Answers

Answered by nikhilkanodia
2

Answer:

the effects if globalisation on india are as follows

1. new industries have emerged in various parts of the country

2. many semi skilled and skilled labours have been provided employment.

3. many existing indian companies have turned into multinational corporations like tata motors

4. many companies have collaborated with foreign companies for more profit

5. the market in india has developed

6. more varied qualities of items is now available to indians at lower costs

7.(adverse effect) it has also destroyed small industries due to competition.

8. employment is not stable as people are employed on flexible terms.

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