How has globalisation impacyed on india …
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Posted by Vartika Joshi 5 years, 11 months ago
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Yogita Ingle 5 years, 11 months ago
The impacts of globalisation on India:
(i) India has opened up its markets, from being a protective economy, it has now opened upto foreign investment.
(ii) This has led to cultural homegesition, making culture more different and distinctive.
(iii) This has led to deregulation of many commodities like oil.
India's impact to globalisation:
(i) India and other developing countries e.g. BRICS have put forward a collective voice in international forums like WTO.
(ii) India is one of the fastest growing economy along with China and therefore, an attractive market for investment also.
(iii) With its large English-speaking population, there has been a lot of outsourcing to India in form of call centres.
2Thank You