In a matter of years, Indian markets have been transformed with wide ranging choice of goods.' Support the statement with examples. -SST 10th

1 Answer

Answer :

A wide range of goods are available in the Indian markets as a result of globalisation. 1. Globalisation has led to large scale integration of the markets around the world. Goods and services provided by different countries are now available in the Indian markets, thus, giving a variety of choices to the consumers in India.  2. The investment by Multinational Corporations (MNCs) in industries such as cell phones, automobiles, electronics, and fast food services etc. has made the latest variety of various goods easily available. 3. Various foreign brands such as Sony. Samsung, Apple, MI etc have become extremely popular amongst the Indian consumers.

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