Answer:
The globalisation has impacted Indian economy in the following ways: (i) Increase m foreign investment: Over the past twenty years, the foreign investment has increased. (ii) Creation of new opportunities: Globalisation has created new opportunities for Indian companies, particularly providing services like it. (iii) Creation of new jobs: Globalization has created new jobs and has helped in reducing the unemployment rate to an extent. (iv) A host of services: Such as data entry, accounting, engineering are now being done cheaply in India. (v) Emergence of Indian companies as multinational like, Tata Motors, Infosys have been able to get benefits from the increased competition created as a result of Globalization.
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