The Impact of Globalisation on the Indian Economy

A company that owns or controls production in more than one nation.

To get cheap labor and other resources, aiming for low cost production and greater profits.

Trade.

<p>Product designing in the USA, components manufactured in China, skilled engineers in India, and products assembled in M.</p> Signup and view all the answers

<p>Consumers in India now have a wide choice of cars produced by nearly all the top companies in the world.</p> Signup and view all the answers

<p>To increase production efficiency</p> Signup and view all the answers

<p>Trade</p> Signup and view all the answers

<p>Products assembled in MNC headquarters</p> Signup and view all the answers

<p>A company that owns or controls production in multiple nations</p> Signup and view all the answers

<p>Consumers have a wider choice of cars from various companies</p> Signup and view all the answers