What is the positive impact of …

Positive effects of globalisation:

• Increased investments in Indian markets by MNCs have led to the growth of the Indian economy. In many fields such as automobiles, smartphones, soft drinks, fast foods and garments, MNCs have created a vast choice of products for consumers.
• Local companies supplying raw materials to MNCs have developed and prospered. Many Indian companies such as Tata Motors and Ranbaxy have become multinational companies themselves.
• Globalisation has opened many new opportunities for companies in the service sector, especially IT companies. These companies offer their cheap but efficient consulting services to many nations. This has also created millions of jobs in India.
• Technology has been transferred to developing countries. It has enabled the production of quality goods in the international market. 
• Outsourcing is the major outcome of the globalisation process.