Question

Explain in short that what stimulate the process of globalization in India??

Answer 1

Dear Student

Factors that stimulate process of globalisation in India:
1. Technology: Rapid improvement in technology has been major factor which has stimulated process of globalisation. Improvements in sectors like transport has enabled transportation of goods from one place to another easily.
2. Removal of trade barriers: Government has removed various trade barriers such as tax on imports on various items in order to facilitate process of globalisation.
3. Development in Information Technology: Recent developments in information and communication technology has enabled to contact one another around the world, to access information instantly.Internet enables us to send electronic mail and communicate around world.

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