Globalization transforms India's transport industry, unlocking economic opportunities and social benefits.
The article discusses how transportation plays a crucial role in economic development, especially in the era of globalization. It emphasizes the importance of efficient transport systems in connecting countries to global markets and enabling economic growth. The quality of transport infrastructure impacts a country's competitiveness in the global market. Efficient transportation leads to better accessibility to markets, job opportunities, and economic growth. On the other hand, inadequate transport systems can result in missed economic opportunities and increased costs. Overall, transportation is essential for economic development and has direct and indirect impacts on a country's economy and society.