![]() ![]() It is also true that foreign currency gives us chance to have more development activities.Ģ.Ĝultural effect: More and more people are getting attracted towards western lifestyle because of globalisation. But the economy gets foreign currency, hence to get more foreign reserve, all are keeping quiet. On the other hand, globalisation has given chance to expand Indian IT sector+ pharma sector + Agricultural processed material. ![]() ![]() Due to cheap import, small traders are really suffering. Globalisation has affected India under these headings such as:ġ.Ğconomic effect: As the supermarket structure arrived in India, it is very difficult for the farmers to sustain. As we know, globalisation has multiple components like: The impact of globalisation can be understood from below.
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