Question

Why do our industries need to be more efficient and competetine in the present day of globalisation?

Answer 1

because oldern industries pollute much than modern industries because of less efficiency in technology

Answer 2

The answer is as follows:

• In the present day of globalization, every industry is being exposed to a greater source of clients, which is leading to an increase in competition.

• Industries from all over the world are trying to bag the best projects and clients.

• This increase in choice has heightened the bar of competition. If our industries are not efficient and are not competitive enough to stand in front of companies from all over the world, our industries will not be able to get projects, and our country will have an economic crash.

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