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A Business History of India

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  • Roy,Tirthankar

Abstract

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.

Suggested Citation

  • Roy,Tirthankar, 2018. "A Business History of India," Cambridge Books, Cambridge University Press, number 9781107186927, October.
    • Handle: RePEc:cup:cbooks:9781107186927
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    Cited by:

    1. Nogues-Marco, Pilar, 2020. "Measuring colonial extraction: the east India company's rule and the drain of wealth (1757-1858)," Working Papers unige:144406, University of Geneva, Paul Bairoch Institute of Economic History.
    2. Roy, Tirthankar, 2021. "Useful & reliable: technological transformation in colonial India," LSE Research Online Documents on Economics 113442, London School of Economics and Political Science, LSE Library.
    3. Rishabh Kumar, 2020. "Top Indian wealth shares and inheritances 1966–1985," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 14(3), pages 551-580, September.
    4. Milan Balaban & Jan Herman & Dalibor Savic´, 2021. "The early decades of the Bata Shoe Company in India: From establishment to economic and social integration," The Indian Economic & Social History Review, , vol. 58(3), pages 297-332, July.
    5. Aldous, Michael & Conroy, Kieran M., 2021. "Navigating institutional change: An historical perspective of firm responses to pro-market reversals," Journal of International Management, Elsevier, vol. 27(2).
    6. Nogues-Marco, Pilar, 2020. "Measuring Colonial Extraction: The East India Company’s Rule and the Drain of Wealth (1757-1858)," CEPR Discussion Papers 15431, C.E.P.R. Discussion Papers.

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