Question

Explain with three examples how top Indian companies have benefitted from globalisation.

Answer 1

The top Indian companies have benefitted from globalisation in the following ways: 

• They have been able to survive in the international competition. 
• They have invested in newer technology and production methods and raised their production standards. 
• They also have gained from successful collaborations with foreign companies. 
• Many of them have emerged as multinationals themselves such as Tata Motors and Asian Paints. 
• It has provided them new opportunities for expansion and value addition of their services.