Globalisation may be defined as international integration or augmented mobility of people, capital, goods, services, data and even ideas from one country to another. | Globalisation in India - gateways and pitfalls International Journal of Management IJM Volume 7 Issue 1 Jan-Feb 2016 pp. 132-140 Article ID IJM_07_01_014 Available online at http IJM JType IJM amp VType 7 amp IType 1 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication GLOBALISATION IN INDIA - GATEWAYS AND PITFALLS Vineet Singh and Abhinna Srivastava Assistant Professor Department of Commerce Guru Ghasidas Vishwavidyalaya Bilaspur Chhattisgarh ABSTRACT Globalisation may be defined as international integration or augmented mobility of people capital goods services data and even ideas from one country to another. In recent days the ascent of Globalisation can be seen in almost all the countries around the world. The key benefits offered by globalisation to a country includes foreign collaborations advanced technology companies going MNC s abundant supply of raw materials increased job opportunities better quality products which in turn leads to a higher standard of living. Despite of these benefits there are certain perils such as inequality and environmental degradation which automatically shoulders globalisation. In the light of above mentioned facts the current study aims to scrutinize the intrinsic worth and pitfall of globalisation in Indian economy. Key words Indian economy Globalisation GDP Exports Imports FDI. Cite this Article Vineet Singh and Abhinna Srivastava. Globalisation In India - Gateways and Pitfalls. International Journal of Management 7 1 2016 pp. 132-140. http IJM JType IJM amp VType 7 amp IType 1 INTRODUCTION Globalisation now a commonly heard term may be defined as a process through which the entire world is merged into a single society by various means such as Commencement of world trade. Developing a more advanced means of information technology. Growing importance of MNC s around the globe. .
