What is globalization ? Explain with three examples how top Indian companies have benefitted from globalization. -SST 10th

1 Answer

Answer :

Globalisation is the process of rapid integration or interconnection between countries due to the movement of goods, services, and people. Multinational Companies contribute a lot to this process. Top Indian companies have benefitted: 1. Increased competition has encouraged them to invest in latest technology and production methods.  2. Many have collaborated with foreign companies and profited a lot from the business. 3. Many Indian companies have themselves become MNCs like Tata Motors, Ranbaxy, and Infosys.

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