Introduction Globalisation refers to the process of interaction and integration among people, companies, and governments worldwide. It has led to increased economic interdependence among countries through the exchange of goods, services, technology, investment, information, and culture. The rapid advancement in communication and transportation has accelerated the pace of globalisation, making the world more interconnected than ever before. Meaning of Globalisation Globalisation is the process of expanding trade and commerce between different countries, which leads to greater connectivity and interdependence among economies. It involves the movement of goods, services, capital, technology, and labour across borders. Globalisation is facilitated by international trade agreements, technological advancements, and foreign investments. Factors Facilitating Globalisation Several factors contribute to globalisation, including: Technological Advancements – Innovations in communication (such as the internet, mobile phones, and satellite communication) and transportation (such as airplanes and container shipping) have made global trade easier and faster. Liberalisation of Trade and Investment – Many countries have reduced trade barriers such as tariffs and quotas, allowing businesses to expand internationally. Foreign Direct Investment (FDI) – Companies invest in different countries, leading to industrial growth and job creation. Growth of Multinational Corporations (MNCs) – Large businesses operate across multiple countries, influencing global production and trade patterns. Global Financial Markets – The integration of financial markets enables the movement of capital and investment across borders. Political Changes – The fall of trade restrictions and economic reforms in countries like China and India have boosted global economic activities. Impact of Globalisation Globalisation has both positive and negative effects on economies and societies worldwide. Positive Impacts of Globalisation Increased Trade and Economic Growth – Countries experience economic development due to an increase in exports and imports. Technology Transfer – Developing countries gain access to new technologies, enhancing productivity and efficiency. Employment Opportunities – Globalisation generates new job opportunities, particularly in emerging economies. Better Quality Products – Due to global competition, consumers have access to better and more affordable goods and services. Cultural Exchange – People from different cultures interact and share traditions, leading to a more interconnected world. Improved Standard of Living – Economic growth leads to higher incomes and improved living standards. Foreign Investment – Countries attract investments that lead to infrastructure development and industrialization. Negative Impacts of Globalisation

1. GLOBALISATION
JANANI BALAPRIYA, DHARSHINI,
SOWPARNIKA, SIDDHI JAIN, BALA KAVIYA OF
10 - B

2. INDEX
GLOBALISATION
AND CHALLENGES
OF
GLOBALISATION
FUTURE
TRENDS IN
IT
INTRODUCTION
OF IT SECTORS
IN INDIA

3. Globalisation
and challenges
of globalisation

4. GLOBALISATION
Globalization refers to the integration of
global economics , industries,markets ,
culture and policies making around the
world free from socio-political control and
reduces distance between
regions/countries through a global
network of trade, communication,
immigration and transportation

5. CHALLENGES OF GLOBALISATION
• International recruiting
•Managing employee immigration
•Loss of culture identity
•Foreign workers exploitation

6. INTERNATIONAL RECRUITING:
Cultural differences, language hurdles,
legal restrictions and logistical issues can
all make international recruitment difficult.
MANAGING EMPLOYEE IMMIGRATION:
Difficulty lies in navigating the different
rules for business visas or work permits
and should make sure that every worker
has the right travel document.

7. LOSS OF CULTURAL IDENTITY:
The loss of cultural practices can lead to
reduced social cohesion and society wide
mental health challenges because an
individual's closely linked with his/her/their
sense of identity and belonging to a
community.

8. FOREIGN WORKERS EXPLOITATION:
The most severe aspect to exploitation was
threats to the workers' ability to have
'Shelter and personal security'. It covered
situations such as intimidation, deprivation
of basic needs or restriction of freedom
and movement.

9. FUTURE TRENDS IN IT
● Artificial Intelligence and Automation
● Cybersecurity
● Remote Work Technologies

10. Artificial Intelligence and Automation:
Increasing reliance on AI and automation
will redefine job roles, requiring
continuous upskilling.

11. Cybersecurity:
As digital transformation accelerates,
the demand for robust cybersecurity
measures will grow, making it a
critical area for development.

12. Remote Work Technologies:
Innovations supporting remote work
will likely persist, influencing
organizational structures and
employee dynamics.

13. INTRODUCTION OF IT SECTORS IN INDIA
● Economic Growth
● Skill Development
● Outsourcing Hub

14. Economic growth:
The IT sector has
significantly contributed to
India's GDP, attracting
foreign investment and
creating millions of jobs.

15. Skill Development:
With the rise of IT, there’s
been a push for education
and training in technology,
leading to a more skilled
workforce.

16. Outsourcing Hub:
India has become a global
leader in IT outsourcing,
providing services to
companies worldwide,
which has integrated the
country into the global
economy.

17. CREDITS: This presentation template was created by Slidesgo,
and includes icons by Flaticon, and infographics & images by
Freepik
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