Abstract

Globalization has emerged as one of the most transformative forces shaping contemporary national economies and India’s economic trajectory since the early 1990s provides a compelling example of how global integration reshapes production trade investment labor markets and consumption patterns at multiple levels. The integration of India with the global economic system accelerated significantly after the 1991 economic reforms which dismantled restrictive trade policies reduced public-sector dominance encouraged foreign investment and expanded market-based growth mechanisms. This paper examines the multi-dimensional impact of globalization on India’s economy by analyzing its effects on industrial development service-sector expansion foreign direct investment inflows technological diffusion employment structures agricultural transformations and socioeconomic inequalities. While globalization has undoubtedly contributed to higher GDP growth rates enhanced export competitiveness innovation a