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Bringing together rare and important texts illustrating the history of Indian business, this anthology highlights the tremendous diversity of forms, ethnic and regional affiliations, cultural practices, strategies, and types of organization that characterize the role played by Indian business in the making of modern India.
The story of Indian business remains incomplete without the Bombay Plan The Tryst with Prosperity is the story of the Bombay Plan which was initiated in 1944. Eight remarkable individuals from the world of industry, like J.R.D. Tata, Lala Shri Ram and G.D. Birla, came together and drafted this plan. The Bombay Plan, an economic blueprint, promised to double India's per capita income in fifteen years; envisaged a 130 per cent rise in agriculture output; a 500 per cent increase in manufacturing; and a minimum standard of living for every individual. This plan held out the promise of partnership between the Indian state and private enterprise. Yet, ironically, a decade later, these captains of industry fell out with the Nehruvian establishment. Nonetheless, the indelible imprint of the Bombay Plan was manifest in the national Five Year Plans and in the economic trajectory of India. Seventy-five years later, the Bombay Plan's legacy continues to be unmistakable in the economic life of contemporary India. Rivetingly told, business historian Medha M. Kudaisya, narrates an important chapter from the story of Indian business.
Biography of Ghanaśyāmadāsa Biṛalā, d. 1894-1983, industrialist and member of Marwari community of India.
In recent years the phenomenal rise of the economies of China and India has led to a proliferation of academic studies. Much of the focus has been on economic performance, development strategies and the comparative advantage of the two economies. A comparative study of business as an agent of change has been lacking This volume brings together articles by leading scholars in the field of Chinese and Indian business who offer fresh perspectives on the historical antecedents of business in the two economies.
Biography of Ghanaśyāmadāsa Birạlā, d. 1894-1983, industrialist and member of Marwari community of India.
This is the first comparative study of business as an important agent of change in the economies of India and China.
Much of the time, when confronted with a crisis of national dimensions, businesses do exactly what we expect them to do: they look to their own survival. Occasionally, however, firms in some contexts go beyond this. Based on qualitative, country-based fieldwork in Eastern and Southern Africa, Antoinette Handley examines how African businesses can be key responders to wider social and political crises, often responding well in advance of the state. She reveals the surprising ways in which business responses can be focused, not on short-term profits, but instead on ways that assist society in resolving that crisis in the long term. Taking African businesses in Kenya, Uganda, Botswana and South Africa as case studies, this detailed exploration of the private sector response to crises, including HIV/AIDS and political violence crises, introduces the concept of relative business autonomy, exploring the conditions under which it can emerge and develop, when and how it may decline, and how it might contribute to a higher level of overall societal resilience.
An eye-opening portrait of global capitalism spanning 150 years, told through the history of the Tata corporation. Nearly a century old, the grand faade of Bombay House is hard to miss in the historic business district of Mumbai. This is the iconic global headquarters of the Tata Group, a multinational corporation that produces everything from salt to software. After getting their start in the cotton and opium trades, the Tatas, a Parsi family from Navsari, Gujarat, ascended to commanding heights in the Indian economy by the time of independence in 1947. Over the course of its 150-year history Tata spun textiles, forged steel, generated hydroelectric power, and took to the skies. It also f...
Combining history and ethnography, it traces the evolution of extra-legality in modern Indian finance and its socioeconomic ramifications.
In the late 1800s India seemed to be left behind by the Industrial Revolution. Today there are many technological Indians around the world but relatively few focus on India’s problems. Ross Bassett—drawing on a database of every Indian to graduate from the Massachusetts Institute of Technology through 2000—explains the role of MIT in this outcome.