What Is Globalization? Has India Benefited From It?

Globalization is the process of development of products and services that can cater to the entire word market. It assumes that as development is taking place in the entire world and as the markets are developing the consumers all around the world is demanding high class products. This allows the manufacturers to develop standard products that can be sold world wide. India has also benefited from globalization because no the Indian manufacturers also have the opportunity to send their products into other world markets. In the same way now the Indian consumer also has the access to quality products from all around the world. This means more profits for the Indian companies from the global market as compared to just the local market.

Globalization is the process of development of
products and services that can cater to the entire word market. It assumes that
as development is taking place in the entire world and as the markets are
developing the consumers all around the world is demanding high-class products.
This allows the manufacturers to develop standard products that can be sold worldwide.
India has also benefited from globalization because no the Indian manufacturers
also have the opportunity to send their products into other world markets. In
the same way now the Indian consumer also has the access to quality products
from all around the world. This means more profits for the Indian companies
from the global market as compared to just the local market

People
places
economic activity
technology

The word globalization can be a force for good or may lead to many problems.  In other words, globalization may not affect people equally as some societies do not have any idea about it.  On the other hand, globalization can be one of the main reasons to develop the economic of the countries.  (Maha)