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GLOBALISATION AND THE
INDIAN ECONOMY
Module-1/5
HISHAM 10 F
CONTENT
 How Indian markets have transformed
 What is Globalization
 History of International Trade
 Multinational Corporations
 How MNCs spread production
 Foreign Trade
 Factors that have Enabled Globalization
 WTO
 Impact of Globalization
 The struggle for a Fair Globalization
HOW INDIAN MARKETS HAVE BEEN
TRANSFORMED
All international brands sell their
consumer goods in India
As a result consumers have a wide
choice
This has become possible because of
globalisation
But it was not the same some 30
years ago. Only few brands were
available to the consumers.
CONSUMER MARKET IN INDIA BEFORE
GLOBALISATION
CONSUMER BRANDS IN INDIA
AFTER GLOBALISATION
WHAT IS GLOBALIZATION
Globalization is the process of
rapid integration or
interconnection between
countries.
MULTINATIONAL CORPORATIONS
 Main force behind globalisation
 MNC is a company that owns or controls
production in more than one country
 It not only sells the finished products
globally, the goods and services are
produced also globally
 This is done to reduce the cost of
production and earn greater profit
CONTI…….
Production is divided in small parts
across the globe to gain advantage
for their closeness to the market,
cheap labour and raw material.
The MNC may save around 50-60%
in production and increase profit.
HOW MNCS SPREAD PRODUCTION
EXAMPLES OF MNCS
EXAMPLES OF MNCS
Thank you

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Class X Social Science Globalisation PPT Module 1_5 (1).pdf

  • 1. GLOBALISATION AND THE INDIAN ECONOMY Module-1/5 HISHAM 10 F
  • 2. CONTENT  How Indian markets have transformed  What is Globalization  History of International Trade  Multinational Corporations  How MNCs spread production  Foreign Trade  Factors that have Enabled Globalization  WTO  Impact of Globalization  The struggle for a Fair Globalization
  • 3. HOW INDIAN MARKETS HAVE BEEN TRANSFORMED All international brands sell their consumer goods in India As a result consumers have a wide choice This has become possible because of globalisation But it was not the same some 30 years ago. Only few brands were available to the consumers.
  • 4. CONSUMER MARKET IN INDIA BEFORE GLOBALISATION
  • 5. CONSUMER BRANDS IN INDIA AFTER GLOBALISATION
  • 6. WHAT IS GLOBALIZATION Globalization is the process of rapid integration or interconnection between countries.
  • 7. MULTINATIONAL CORPORATIONS  Main force behind globalisation  MNC is a company that owns or controls production in more than one country  It not only sells the finished products globally, the goods and services are produced also globally  This is done to reduce the cost of production and earn greater profit
  • 8. CONTI……. Production is divided in small parts across the globe to gain advantage for their closeness to the market, cheap labour and raw material. The MNC may save around 50-60% in production and increase profit.
  • 9. HOW MNCS SPREAD PRODUCTION