Indira Management Review

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The process of globalization led competition within and beyond the nation. The extension of the global competition to Indian industry is source of both a threat and opportunity. There is a free flow of modern technology. Indian industry has accepted the challenge of technology and competition along with the free flow of foreign capital. Foreign companies are coming to India because labour is cheap and cost of production is low as compared to their country; they are coming with the new technology and huge capital .These companies are outsourcing in different activities.


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