Write the impact of globalisation in india ? 0
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IMPACT OF GLOBALISATION IN INDIA
● GLOBALISATION RESULTED IN MORE COMPETITION AMONG PRODUCERS BOTH LOCAL AND FOREIGN BENEFITTING CONSUMERS PARTICULARLY THE PROSPEROUS SECTIONS IN THE URBANS AREA . IT GIVES A GREATER CHOICE OF GOODS WITH IMPROVED QUALITY AND LOER PRICE
● MNCs HAVE INCREASED THEIR INVESTMENT IN INDIA IN CELL PHONE , AUTO MOBILE, ELECTRONIC, SOFT DRINKS, FAST FOOD AND SERVICES SUCH AS BANKING IN URBAN AREA
● DUE TO THIS MANY NEW JOBS HAVE BEEN CREATED AND LOCAL COMPANIES SUPPLYING RAW MATERIALS AND SERVICES TO THESE INDUSTRIES HAVE PROSPERED
● GLOBALISATION BRINGS IN NEW AND IMPROVED TECHNOLOGY BY WHICH EVEN THE LOCAL COMPANIES BENEFIT
● SOME LARGE INDIAN COMPANIES LIKE INFOSYS, TATA,ASIAN PAINTS, RANBAXY HAVE EMERGED AS MNCS AND SET UP COMPANIES IN OTHER COUNTRIES
●NEW COMPANIES THAT PROVIDE CALL CENTRES,IT RELATED SERVICES, ACCOUNT AND ADMINISTRATIVE JOBS HAVE COME UP
● GLOBALISATION HAS THREATENED SMALL PRODUCERS AS THEIR PRODUCTION HAS STOPPED
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