IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/104967.html
   My bibliography  Save this paper

The Incomplete Transition: Stunted Industrialisation and the Historical Development of India's Big Business Class

Author

Listed:
  • Mazumdar, Surajit

Abstract

In many parts of the world, industrialisation has been an outcome of their capitalist development, with profit seeking capitalists serving as its agents. Differences in the characters of this class of agents, shaped by their origins and their mutual interaction with actual industrialisation processes, however, characterise different stories of capitalist development. This paper explores this theme in relation to Indian capitalism – examining how the colonial origins of the Indian industrial capitalist class imparted to it a specific character and the limited extent to which that legacy could be overcome by the subsequent relatively restricted industrialisation process. The case of the Reliance group is used to fortify and illustrate the argument.

Suggested Citation

  • Mazumdar, Surajit, 2018. "The Incomplete Transition: Stunted Industrialisation and the Historical Development of India's Big Business Class," MPRA Paper 104967, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104967
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/104967/1/MPRA_paper_104965.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mazumdar, Surajit, 2016. "From “Outsider” to Insider: The Case of Reliance," MPRA Paper 93162, University Library of Munich, Germany.
    2. Mazumdar, Surajit, 2011. "The State, Industrialization and Competition: A reassessment of India's Leading Business Enterprises under Dirigisme," MPRA Paper 47810, University Library of Munich, Germany.
    3. Surajit Mazumdar, 2010. "Industry and Services in Growth and Structural Change in India: Some Unexplored Features," Working Papers 1002, Institute for Studies in Industrial Development (ISID).
    4. Surajit Mazumdar, 2014. "Globalisation and Growth: The Indian Case in Perspective," India Studies in Business and Economics, in: Ratan Khasnabis & Indrani Chakraborty (ed.), Market, Regulations and Finance, edition 127, chapter 12, pages 213-230, Springer.
    5. Habib, Irfan, 1969. "Potentialities of Capitalistic Development in the Economy of Mughal India," The Journal of Economic History, Cambridge University Press, vol. 29(1), pages 32-78, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Surajit Mazumdar, 2023. "The Multi-entity Structure and Control in Business Groups," India Studies in Business and Economics, in: Achin Chakraborty & Indrani Chakraborty (ed.), Indian Business Groups and Other Corporations, chapter 0, pages 111-128, Springer.
    2. Sen, Debapriya, 2011. "A theory of sharecropping: The role of price behavior and imperfect competition," Journal of Economic Behavior & Organization, Elsevier, vol. 80(1), pages 181-199.
    3. Mazumdar, Surajit, 2012. "The State, Capital and Development in ‘Emerging’ India," MPRA Paper 36413, University Library of Munich, Germany.
    4. S. R. Osmani, 1988. "Food and the History of India: An 'Entitlement' Approach," WIDER Working Paper Series wp-1988-050, World Institute for Development Economic Research (UNU-WIDER).
    5. Mazumdar, Surajit, 2012. "Industrialization, Dirigisme and Capitalists: Indian Big Business from Independence to Liberalization," MPRA Paper 93158, University Library of Munich, Germany.
    6. Altaf Hussain Padder & Mathavan Bommayasamys, 2023. "Structural transformation path across Indian states: Findings from panel data analyses," American Journal of Social Sciences and Humanities, Online Science Publishing, vol. 8(1), pages 89-112.
    7. Mazumdar, Surajit, 2017. "Neo-Liberalism and the Rise of Right-Wing Conservatism in India," MPRA Paper 93182, University Library of Munich, Germany.
    8. Mazumdar, Surajit, 2015. "The Low Wage Trap of Indian Manufacturing," MPRA Paper 93163, University Library of Munich, Germany.
    9. Mehta, Simi & Lal, Rattan & Hansen, David, 2017. "US Land-Grant Universities in India: Assessing the consequences of agricultural partnership, 1952–1972," International Journal of Educational Development, Elsevier, vol. 53(C), pages 58-70.
    10. De Prato, Giuditta & Nepelski, Daniel, 2012. "A framework for assessing innovation collaboration partners and its application to India," MPRA Paper 39284, University Library of Munich, Germany.
    11. Giuditta De Prato & Daniel Nepelski, 2012. "A framework for assessing innovation collaboration partners and its application to BRICs," JRC Research Reports JRC79395, Joint Research Centre, revised Nov 2012.
    12. Das, Gupta Chirashree, 2012. "Growth and public finance in Bihar," IDE Discussion Papers 331, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    13. Mazumdar, Surajit, 2017. "The Indian Economy in the Second Decade of the 21st Century: Signs of a Crisis?," MPRA Paper 93164, University Library of Munich, Germany.
    14. Byeongju Jeong, 2006. "Proprietary Policy and Production," CERGE-EI Working Papers wp287, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    15. Tyabji, Nasir, 2015. "The Politics of Industry in Nehru's India," MPRA Paper 62260, University Library of Munich, Germany.
    16. Moosvi, Shireen, 2013. "Celebrating a Study of India’s Agrarian History," Review of Agrarian Studies, Foundation for Agrarian Studies, vol. 3(2), December.
    17. Pratima Verma & Siddharth Mohapatra & Jan Löwstedt, 2016. "Ethics Training in the Indian IT Sector: Formal, Informal or Both?," Journal of Business Ethics, Springer, vol. 133(1), pages 73-93, January.
    18. Mazumdar, Surajit, 2011. "Continuity and Change in Indian Capitalism," MPRA Paper 38907, University Library of Munich, Germany.

    More about this item

    Keywords

    India; Capitalists; Big Business;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General
    • N00 - Economic History - - General - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:104967. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.