The negative Effects of Globalization on Indian Industry are that with the coming of technology the number of labour required are decreased and this resulted increasing unemployment especially in the arena of the pharmaceutical, chemical, manufacturing, and cement industries.
To summarize, the process of globalization has changed the industrial pattern social life of global people and it has immense impact on Indian trade system. Globalization speeded export of food items in India in the form of increased consumption of meat, western fast food, sodas and cool drinks, which may result in public health crisis.
The distinction between formal, non-formal and informal education will vanish when move from industrial society to information society takes place. In the age of rapid technical progression, many countries are unified and transformed due to the process of globalization. Globalization promotes new tools and techniques such as E-learning, Flexible learning, Distance Education Programs and Overseas training.
Cultural globalisation includes everything from the spread of music and fashion and consumer products and culture to the spread of political and religious ideas. This happened mainly in the pharmaceutical, manufacturing, chemical, and steel industries.