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This anthology analyses the role played by Indian business in the making of modern India. It takes up critical strands within Indian business history and highlights the tremendous diversity of forms, ethnic and regional affiliations, cultural practices, strategies, and types of organization which characterize Indian business. In doing so, it gives 'voice' to Indian business as an agent of change embedded within larger historical processes in the twentieth century. The anthology brings together for the first time critical texts relating to several major themes in Indian business history. It includes not just academic texts but also letters, speeches, memoirs, biographies, autobiographies, community publications, commercial newspapers, records of trading organizations and chambers of commerce, and government sources. The objective is to highlight themes, personalities, dimensions, events, and processes which illustrate the history of Indian business and which reflect debates that are alive and pertinent.
Medha Kudaisya is a Professor, Department of History, Faculty of Arts and Social Sciences, National University of Singapore.
Table of Contents
Introduction; 1. The Bazaar ? The Bazaar: Changing Structural Characteristics of the Indigenous Section of the Indian Economy before and after the Great Depression ? Journal of a Residence in India ? Indigenous Credit Instruments and Systems ? The Gaddi ? Leadership in the Bazaar ? Organization and Structure of Governance ? Mercantile Codes of Status ? Bazaar Fortunes: World War I (I) ? Bazaar Fortunes: World War I (II) ? Historical Continuity and the Present-day Bazaar (I) ? Historical Continuity and the Present-day Bazaar (II) ? Informal Credit Markets in India; 2. Mercantile Communities ? Merchant Communities: Identities and Solidarities ? Indian Merchants in a 'Traditional' Setting: Benaras, 1780-1830 ? The Origins of Parsi Enterprise ? From Community to Class: The Marwari in a Historical Perspective ? From Madras to Burma: The Nattukottai Chettiars and Development 1852-1939 ? The Bohras Today: Characteristics of Business Enterprise ? Small Industrialists, Big Ambitions: Economic and Political Networks on a Large Industrial Estate in West India; 3. Family and Firm ? Rulers, Townsmen and Bazaars: North Indian Society in the Age of British Expansion 1770-1870 ? Caste and Capitalism in Colonial India: The Nattukottai Chettiars ? Life and Times of G.D. Birla ? A Rare Legacy: Memoirs of B.K. Birla ? The Structure of Corporate Private Sector: A Study of Concentration, Ownership and Control ? Family Business in India; 4. Rise of Indian Industry ? The Economic History of India 1857-1947 ? Sahibs, Babus, and Banias: Changes in Industrial Control in Eastern India, 1918-50 ? The Tatas ? Saga of Scindia: Struggle for the Survival of Indian Shipping and Ship-building ? Bombay as a Business Centre in the Colonial Period: A Comparison with Calcutta ? Towards Maturity ? Imperialism and Growth of Indian Capitalism in Twentieth Century ? Industry and Liberalization ? My Experience of Indian Management and Present Business Environment ? Aditya Birla's Speech, 27 June 1978 ? Dhirubhai Ambani: the Super Tycoon ? The Polyester Prince: The Rise of Dhirubhai Ambani; 5. Post-Liberalization Scenario ? 'Industry: From Regulation to Liberalization ? Post-Liberalization Business Successes ? India's Global Powerhouses: How They are Taking on the World ? The Creation of Wealth: The Tatas from the 19th to the 21st Century ? Interview with Ratan Tata: The Fortune is Indeed at the Bottom of the Pyramid ? Kumara Managalam Birla: New Frontiers, New Thinking ? N.R. Narayana Murthy: Values First