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India's Position & Expansion Video Lecture | Crash course for UPSC (Hindi)
FAQs on India's Position & Expansion Video Lecture - Crash course for UPSC (Hindi)
| 1. What is India's current position in terms of global expansion? |  |
Ans. India is one of the fastest-growing economies in the world and has been actively expanding its presence globally. With its large population and skilled workforce, India is attracting foreign investments and expanding its trade relations with various countries.
| 2. How has India's position in the global market evolved over time? | |
Ans. Over the years, India has transitioned from being a closed economy to a more open and globally integrated one. The liberalization policies implemented in the 1990s paved the way for increased foreign direct investment (FDI) and trade opportunities, leading to India's emergence as a key player in the global market.
| 3. What are some key factors contributing to India's expansion on the global stage? | |
Ans. Several factors have contributed to India's expansion on the global stage. These include its large consumer market, a skilled workforce, advancements in technology and innovation, government initiatives to attract foreign investment, and improved infrastructure. Additionally, India's demographic advantage and its growing middle class have also played a significant role in its global expansion.
| 4. Which sectors have been instrumental in India's global expansion? | |
Ans. India's global expansion has been driven by various sectors, including information technology (IT), pharmaceuticals, manufacturing, services, and agriculture. The IT sector, in particular, has been a major contributor, with Indian IT companies providing services to clients worldwide. The pharmaceutical sector has also witnessed significant growth, making India one of the largest exporters of generic drugs globally.
| 5. What are the challenges faced by India in its quest for further global expansion? | |
Ans. Despite its impressive growth, India faces several challenges in its pursuit of further global expansion. These challenges include infrastructure gaps, bureaucratic hurdles, complex regulatory frameworks, skill gaps, and competition from other emerging economies. Addressing these challenges is crucial for India to sustain and enhance its global position in the long run.
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Dec 18, 2024 Last updated |
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