Assess the impact of globalization on India and its people.

• More and more goods and services, investments, and technology are moving between countries
  
• Several improvements in transportation technology have been seen
  
• It has made faster delivery of goods across long distances possible at lower costs
  
• Globalization and greater competition among producers – both local and foreign producers – has been of advantage to consumers, particularly the well-off sections in the urban areas
  
• New jobs have been created
  
• Local companies supplying raw materials have prospered
  
• MNCs have increased their investments in India because of their interest in industries such as cell phones, automobiles, electronics, soft drinks, fast food or services such as banking in urban
  areas.