India's Late, Late Industrial Revolution: Democratizing EntrepreneurshipThere is a paradox at the heart of the Indian economy. Indian businessmen and traders are highly industrious and ingenious people, yet for many years Indian industry was sluggish and slow to develop. One of the major factors in this sluggish development was the command and control regime known as the License Raj. This regime has gradually been removed and, after two decades of reform, India is now awakening from its slumber and is experiencing a late, late industrial revolution. This important new book catalogues and explains this revolution through a combination of rigorous analysis and entertaining anecdotes about India's entrepreneurs, Indian firms' strategies and the changing role of government in Indian industry. This analysis shows that there is a strong case for a manufacturing focus so that India can replicate the success stories of Asian countries such as Japan, South Korea and China. |
Contents
| 1 | |
Industrial revolutions | 37 |
Aspects of Indian enterprise history | 67 |
The emergence of modern industry | 95 |
Asian late industrialization | 126 |
Democratizing entrepreneurship | 153 |
Contemporary India | 186 |
Other editions - View all
India's Late, Late Industrial Revolution: Democratizing Entrepreneurship Sumit K. Majumdar No preview available - 2012 |
Common terms and phrases
activities agriculture American Amsden Asia’s Next Giant Asian automotive Bank benefits Bengal Bombay Britain British Calcutta capital cars changes China companies consumer corporate cotton countries crores decade Delhi democratization Economic Growth Economic History efficiency embedded software emerged Empire employment energy consumption engineering enterprises entrepreneurs entrepreneurship export factories facturing figure financial financing firms first flows global gross domestic product growth rates Hindustan important Indian economy Indian firms Indian industry indus Indus Valley Civilization industrial growth information technology innovations investment Jagdish Khattar Japan Japanese jute labor late industrial revolution License Raj machinery machines manu manufacturing sector Marwaris million mills Modern India nineteenth century ofthe operations output Oxford University Press percent Policy political profit purpose technologies reflect relative role scientific second industrial revolution services sector share South Korea specific steel Table Tata textile tion trade unorganized York