Changing Face of the Indian Media and Entertainment Industry in the Wake of Globalization

Abstract

“Mera joota hai Japani, yeh patloon Englishtani,
sar pe laal top Russi, phir bhi dil hai Hindustani.”
(My shoes are Japanese, my trousers are English;
the hat on my head is Russian, but my heart is Indian.)
— Song from the Hindi movie Shree 420 (Mr. 420, Raj Kapoor, 1955)

What is globalization?
Is it the integration of economic, political, and cultural systems across the globe?
Or is it the Americanization of world culture and the United States’ dominance in world affairs?

Is globalization a force for economic growth, prosperity, and democratic freedom?
Or is it a force for environmental devastation, exploitation of the developing world, and suppression of human rights?

In sum, is globalization “good” or “bad”?