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Describe the impact of globalisation on Indian economy with examples.
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Solution
Globalisation describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade. Impact of globalisation on India Increase in foreign trade- Increase in foreign investors
- Coming of new technologies into our country
- Increased Employment
- Greater choice to Indian Consumers
Globalisation describes a process by which regional economies, societies, and cultures have become integrated through a global network of communication, transportation, and trade.
Impact of globalisation on India
Increase in foreign trade
- Increase in foreign investors
- Coming of new technologies into our country
- Increased Employment
- Greater choice to Indian Consumers
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