Globalization refers to the acceleration of movements and exchanges on Earth, including those involving people, capital, commodities and services, technologies, and cultural practices. Globalization fosters and intensifies contact between various communities and regions worldwide, which is one of its effects. The Committee for Development Policy defines globalization as the growing interconnectedness of world economies due to the expansion of international capital flows, the wide and quick diffusion of technology, and the size of cross-border commerce in goods and services. The two main drivers driving economic globalization are marketization and the ongoing expansion and mutual integration of market boundaries. Information is becoming increasingly important in all forms of productive activities. This study goal is to examine how globalization has affected the Indian economy. The study's conclusions indicate that the Indian economy is impacted by globalization in both positive and bad ways. The standard of living has increased as a result of globalization in many nations. However, there have also been drawbacks to globalization, including a rise in global inequality, a rise in corruption, job losses, and environmental degradation, to mention a few.