​Which sector(s) in India has/have benefited maximum from globalisation?

Correct option is D

Correct Answer: (d) Information technology

The Information Technology (IT) sector in India has benefited the most from globalization. With the opening of the economy in 1991 and the rise of the digital revolution, India's IT industry experienced rapid growth by providing outsourcing, software, and technology services to global markets, especially the US and Europe.

• Exports of software services have become a major source of foreign exchange.

• Cities like Bengaluru, Hyderabad, Pune, and Gurugram became major global IT hubs.

• Companies like TCS, Infosys, Wipro, and HCL are major global players.

• BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing) sectors emerged as major employment generators.

• The growth of the IT sector significantly contributed to India’s GDP and employment.

• IT also benefited from FDI, improved telecommunication, and internet penetration due to globalization.

•  Mining – Benefited to some extent via FDI and exports, but not as much as IT.

• Agriculture – Faced challenges like market fluctuations and dependency on global prices.

•  Public sector enterprises – Many struggled due to competition and were disinvested post-globalization.