History, asked by adityavarshney808, 10 months ago

Why did the Indian government not participate in the globalization before 1991? class 10 history

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Answered by riyasharma92184
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Globalization is a process that encompasses the causes, courses, and consequences of transnational and transcultural integration of human and non-human activities.[1] India had the distinction of being the world's largest economy in the beginning of the Christian era, as it accounted for about 32.9% share of world GDP and about 17% of the world population. The goods produced in India had long been exported to far off destinations across the world;[2] the concept of globalization is hardly new to India.

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