globalisation in india Flashcards
what is india expected to be
the 2nd largest economy by 2040
why have so many UK/US businesses outsourced to India/ bangalore
-many Indians speak British due to British rule until 1947
what kinda businesses outsource to india and why
broadband capacity is unsually high (quick speed) due to early investment in technology in india in the 1980’s
example of brands with centres in india
dell, yahoo built call centres in bangalore
costs of outsourcing services to India
-small textile manufactors rely on western markets where they face pressure to lower prices while complying with strict quality standards- exploitation
costs of outsourcing services to india-time
-work can be conducted at night time due to time zone differences between UK and USA
disparity due to outsourcing of services in india
-gap between rich and poor
-has more billionaires than the UK yet still around 87 million people live in extreme poverty
sanitation
only 65 percent of households had access to toilets
benefits of globalisation to india (example in 1)
-the call centres workers earn middle class wages to indian standards
-outsourcing companies have become extremely profitable e.g. infosys which had revenues of 9 bill in 2015
how much has the temp increased by in India
by 0.7 degrees since 1990
agriculture in india
-less availability as people begin to move to the city
what allows an increase of new jobs
-special economic zones
what is india the largest exporter of
IT- export revenues of 194 billion in 2023
rate of increase in income in india between 2023 and 2024
8.2 %
SOC in india
-disparities in access to education (rural areas challenged due to inadequate infrastructure, transport, teaching)
-mid day meal scheme improve nutritional levels and encourage school attendance
