Globalisation means integrating our economy with the world economy. It is the process by which decision and activities in one part of the world have significant consequences for individuals and communities in distant areas. Steps taken in this direction: (a) The Government has removed the restrictions on import of foreign goods. (b) The government has also reduced taxes on imported goods, so that the people can afford it. This has completely destroyed the monopoly of some companies in our country. (c) The government started to encourage the foreign companies to invest in Indian companies or encourage the foreign investors to invest in India directing and guiding them the areas of profit. (d) Mobilisation of capital and resources. (e) Mobilisation of labour force. (f) As a result of the above steps taken there is remarkable increase in foreign investment capitals. (g) This foreign investment or capital boosted the Indian industries and resulted the growth of Indian economy.