Globalisation is a phenomenon that has many dimension, i.e., economic, cultural, environmental and political. Almost every aspect pertaining to the issue of globalisation is a subject matter of vital academic debate. The term globalisation is widely and generally applicable in the economic and commercial perspective. Nevertheless its impact-range encompasses cultural and economical dimensions as much as fundamental principles pertaining to the culture and philosophy of a particular nation and society are likely to interact with the changed situation arising in the state of globalization.