How has foreign trade been integrating …

firstly MNC have increased their investments in India over the past 15 years MNC is having interested in investing such as cell phones automobiles electronic soft drinks et cetera Indus industries and services new jobs have been created also local company supplying raw materials to these Industries have prospered secondly several of the top Indian companies have been able to benefit from the increase competition they have invested in new technology and production methods and production standards some have gained from successful collaboration with foreign companies thirdly globalisation have enabled large Indian companies to emerge as multinational themselves Tata Motors in brackets automobiles Infosys in brackets it in brackets medicine Asian paints in bracket Paints Sundaram fasteners in black and nuts and bolts are some Indian companies which are spreading their operations worldwide globalisation has also created new job opportunities for companies providing services particularly those involved in the Indian Company producing a magazine for the London based companies is an example besides a host of services such as data entry accounting administrative task engineering are now being done cheaply in countries like India and are exported to developed countries there are some disadvantages to of globalisation for example for a large number of small producers and workers globalisation has posed a major challenge battery is capacitor plastic toys Tyres dairy products and vegetable oil are some example of small manufacture who have been hit heart due to competition several of the units of shutdown trending many workers jobless there is a great choice before the consumer you now enjoy improve quality and low prices for several products as a result these people today enjoy high standard of living than before