What is the negative impact of Globalisation in India?
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decline of Indian industrialist
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Impacts are as follows ↴
⚘ MNCs started investing in India and with time they increased their investment as investing in India had been beneficial for them.
⚘ Top Indian companies raised their production standards due to competition and they also got new technology by collaborating with MNCs.
⚘ Some large Indian companies became MNCs like TATA, Asian paints, Infosys, etc.
⚘ More jobs for people... and more opportunities for companies...
⚘ More choices... Cheap products... Standard of living increased...
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