Sequentially arrange the following themes related to globalization of Indian businesses since independence:

A. FDI m various sectors opened along with slashing of custom duties.

B. Partial opening of economy to external trade and de-licensing of some key sectors.

C. Govt. led investments in large public sector units in steel, chemicals and power.

D. Indian businesses became competitive and started to reap rewards of various phases of development learning.

E. Increased government involvement in industry with sustained focus on import substitution.

Choose the correct answer from the options given below:

Correct option is C

The correct sequence for the themes related to globalization of Indian businesses since independence is: 1. Govt. - led investments in large public sector units in steel, chemicals and power 2. Increased government involvement in industry with sustained focus on import substitution. 3. Partial opening of the economy to external trade and de-licensing of some key sectors. 4. FDI in various sectors opened along with slashing of custom duties. 5. Indian businesses became competitive and started to reap rewards of various phases of development learning.