Question

write a precis of the following passage and suggest a suitable topic/title :-

Before the process of liberalization was annoced Indian share in international market was very meager it was less than one percent of the total flow. Now with globalization foreign insets are also showing interest in investing in India.

Thus the decks have been cleared for India to enter the international market in a big way. It is expected that leaders of India industry world adopt quickly and smoothly the new regime and be partners of the globalization process of the economy. Till now the Indian economy was lightly centralized in which quota permit system played a major and dominate role. The change from interventionist regime to liberalized regime is likely to create certain problems in the beginning smoota change is necessary. If India industrialists who have enjoyed a sheltered market since the beginning of the planning era take undue time to a just themselves to the charged economic climate they may find themselves swept off their feet by competition from abroad.​

Answer 1

Answer:

Globalization has a very positive impact on the Indian marketer.  

Explanation:

• Many investors have entered into international markets and many industry leaders are adopting globalization process.  
• Until now, the Indian market was very centralized, but liberalization has brought some changes.
• But liberalization has some bad effects. Small marketers and startups are in danger as they can be swept off by the powerful international marketers easily.