3. Globalization
• It is the process of rapid integration or
interconnection between countries.
• Levels of globalization.
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4. Example
Assume that you are a mango farmer and you
grow very good quality mangoes . Obviously,
your fruit is highly appreciated in India, but you
also know that you shall get a better value in
US. So the network of communication and
execution that allows you to sell your fruit in US
is basically, the phenomenon of globalization .
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6. Factors that have Enabled
Globalization
• Rapid improvement in technology.
• Liberalization of foreign trade and foreign
investment policy.
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7. Steps Taken Towards
Globalization
• Devaluation
• Disinvestment
• Dismantling of The Industrial Licensing Policy
• Allowing Foreign Direct Investment (FDI)
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8. Impact of Globalization on the
Indian Industry
• MNCs have increased their investments in India over
the past 15 years.
• Large Number of Multinationals Have Moved to India
Post Globalization.
Beverages Fast Foods
Coffee Sports Wear & Goods
Apparels & Garments
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9. • Some larger Indian companies have emerged
as multinationals themselves.
• Creation of new opportunities for companies
providing service, particularly those involving IT.
• Reduction in the level of unemployment and
poverty in the country.
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10. Negative Effects of Globalization
• Agriculture on the backburner
• Disparity between rural and urban india
• Unemployment (ILO Report)
• Growth of Slum Capitals
• Threat of terrorism
and more
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11. Where does India currently
stand in terms of Global
Integration?
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12. FDI inflow against GDP
India 0.5%
China 5%
Brazil 5.5%
FDI inflows
China exceeds US $ 50 billion
India less than US $ 15 million
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13. Merchandise Exports
India .05% to .07%
China 4%.
Philippines an economy 6 times smaller
according to IMF estimates.
Under trades 70-80%
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