Question
Explain any three impact of globalisation in India.
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Solution
Impacts of
globalisation in India are
(i) It has improved the productivity and efficiency of Indian companies in the
use of resources through the process of competition.
(ii) The growth rate of the economy has gone up with the increase in foreign
investment and foreign technology in India.
(iii) It has allowed the consumers to enjoy a wider range of goods and services
at lower costs.
Impacts of
globalisation in India are
(i) It has improved the productivity and efficiency of Indian companies in the
use of resources through the process of competition.
(ii) The growth rate of the economy has gone up with the increase in foreign
investment and foreign technology in India.
(iii) It has allowed the consumers to enjoy a wider range of goods and services
at lower costs.
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