Authors : Neha Dubey
Page Nos : 40-43
Description :
In simple terms, the process by which people and products move freely across countries’ boundaries is Globalization. It's mostly an economic notion — the integration of markets, commerce, and investment with few impediments to limit the flow of goods and services across countries. Globalization is a concept that describes how trade and technology have made the world a more linked and interdependent place, which has aided in the country's growth and development. The tourism industry plays an important role in contributing to the GDP of India. It helps in boosting the economic and social development of countries like India. This research is exploratory in nature and involves interviews of key persons and a literature study. The impact of globalization on the Indian economy is High aviation fuel cost, Technological advancement, Customers discomfort, Congestion, and Terrorism. Government and key persons should take an initiative through various modes to remove these barriers prevailing in International tourism and Globalization.
