How has globalisation been advantageous to both the producers as well

1.	How has globalisation been advantageous to both the producers as well as the consumers in India? Explain.
Answer» Advantages of globalisation for consumers: They have greater choice. Better quality of products are available for consumption due to competition. It has reduced the cost of goods and services considerably. Advantages of globalisation to producers: They now have access to international markets for their products. They have easier access to foreign investment to enhance their production, Collaboration with MNCs have added up their performance and profits.

How has globalisation been advantageous to both the producers as well as the consumers in India? Explain.

Answer»

Advantages of globalisation for consumers:

Advantages of globalisation to producers: