Hello STMG 22-23 !

 

  Top 3 advantages of globalization in India   adapted from https://www.safeguardglobal.com March 15, 2022 India boasts the fastest growing economy on the planet, and it’s projected to join the U.S. and China over the next decade as one of the top economic world powers . India’s massive economic growth is largely due to globalization—a transformational change that didn’t occur until the 1990s. Since then, the country’s gross domestic product (GDP) has grown at an exponential rate, increasing from $270 billion in 1991 to $2.87 trillion by 2019, with projections that it’ll reach a whopping $4.5 trillion by 2026 . But why did this globalization occur and what are the advantages of globalization in India for foreign businesses?  What is globalization? Globalization is the integration of a national economy and culture with that of the global economy. Metaphorically, a country throws open its gates, welcoming in communication, international trade, capital, technology and cult