What is the impact of globalization on the Indian economy?

Globalization has had a significant impact on the Indian economy. It has opened up new opportunities for trade and investment, leading to increased economic growth and employment. Globalization has allowed Indian companies to expand their operations globally and attract foreign direct investment. It has also facilitated the transfer of technology and knowledge, contributing to innovation and productivity improvements. However, globalization has also posed challenges for certain sectors of the Indian economy, such as agriculture and small-scale industries, which have faced increased competition. Additionally, globalization has led to income inequality and social disparities. Overall, the impact of globalization on the Indian economy is complex, with both positive and negative consequences.