Answer:
(i)
Several of the top Indian companies have been able to benefit from the increased
competition.
(ii) They have invested in newer technology and production methods and raised
their production standards.
(iii) Globalisation has enabled some large companies to
emerge as multinationals themselves like Tata Motors (automobiles), Infosys
(IT),
Ranbaxy (Medicines), Asian Paints (paints), Sundaram
Fastners (nuts and bolts) are some Indian companies which are spreading their
operations worldwide.
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