Liberalization: Globalization has pushed India towards liberalizing its economy by reducing trade barriers and opening up to foreign investments.
Market-oriented reforms: India's economic policies have shifted towards market-oriented reforms to attract global investments and enhance competitiveness.
Technology integration: Globalization has encouraged India to adopt advanced technologies and digitalization in various sectors to improve efficiency and productivity.
Trade agreements: India has engaged in trade agreements with other countries to boost exports and access new markets, aligning with global economic trends.
Skill development: To compete globally, India has focused on skill development initiatives to enhance the workforce's capabilities and ensure employment opportunities in a globalized market.
Overall, globalization has influenced India's economic policies by promoting openness, modernization, and international competitiveness.
