India's Late, Late Industrial Revolution Democratizing Entrepreneurship at Meripustak

India's Late, Late Industrial Revolution Democratizing Entrepreneurship

Books from same Author: Sumit K Majumdar

Books from same Publisher: Cambridge University Press

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  • General Information  
    Author(s)Sumit K Majumdar
    PublisherCambridge University Press
    ISBN9781107622869
    Pages453
    BindingSoftcover
    LanguageEnglish
    Publish YearMay 2012

    Description

    Cambridge University Press India's Late, Late Industrial Revolution Democratizing Entrepreneurship by Sumit K Majumdar

    There 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.