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There are many factors that drive globalization. The major drivers of globalization include: market, cost, environment, and competition.
Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.
market, cost, technology, government and competition.
Globalization owed part of its success to the industry's willingness to invest in the latest advancements in information and communication technologies, influencing another market trend industry leaders called speed-to-market.
There are a number of positive effects of globalization on Indian industries. There is increased market demand, more jobs have been created and more production is achieved among others.