ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A First Peep Hannan Ezekiel THIS Seminar on Consultancy Services organised in Bombay on November 11 and 12, 1972 by the Industrial Credit and Investment Corporation of India focused attention on a profession which has shown extremely rapid growth during the last few years. A number of factors have contributed to this growth. Rapid industrial growth and the increasing degree of reliance which industrial projects have had to place on the long- term financing institutions have been important in this respect. However, as HT Parekh, Chairman of ICICI, pointed out in his welome address at the Seminar, the abolition of the managing agency system in which consultancy services were in a sense internalised and the growth of new entrepreneurs who often know little or nothing of industrial activities have created a demand for services of consultants that has led to a corresponding increase in the supply.

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