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Globalisation in India has been a transformative force, reshaping the economy, society, and global standing of the country. Several factors have contributed to the acceleration of globalisation, especially after the liberalisation reforms of 1991. These factors span across economic, political, technological, and social dimensions.
Key Factors That Enabled Globalisation in India
Economic Liberalisation (1991 Reforms)
Improved Infrastructure
Technological Advancements
Foreign Direct Investment (FDI) Policies
Skilled and Cost-Effective Labour Force
Global Trade Agreements
Media and Communication Growth
Political Stability and Reforms
Factors Enabling Globalisation in India
| Factor | Details |
| Economic Reforms | Liberalisation, privatisation, deregulation since 1991 |
| Infrastructure Development | Better roads, ports, airports, and power supply |
| Technology and IT Growth | Expansion of internet, software industry, digital services |
| FDI Policies | Relaxed norms, SEZs, pro-investment government schemes |
| Skilled Workforce | English-speaking, technically skilled, cost-effective labour |
| Trade Agreements | Membership in WTO, FTAs, bilateral and regional trade pacts |
| Media and Communication | Access to global media, social platforms, and online commerce |
| Political and Economic Stability | Reforms, governance, and ease of doing business initiatives |
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