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

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Evaluating Institutional Disruption

In India, from the late 1960s to the early 2000s, a consortium of three premier financial institutions gave projects long-term loans based on tangible assets. The consortium was abandoned in 2001. A transition away from the institutional logics of consortium financing is associated with a rise in the research and development activity of pharmaceutical firms. Changes in financial sector rules impacted Indian firms’ capability transformation. Management research needs to consider institutional logics changes in assessing the influence of financial factors on firms’ capabilities creation.

Has the Bourgeoisie Truly Come of Age in India?

Flat-footed entry into globalisation and the terrible events in Gujarat have perhaps jolted the Indian bourgeoisie into a new phase in their quest for modernity.

Indian Companies in an Open Economy

The deed is done and the clock cannot be put back. Competition has come into almost all sectors of Indian industry and will increase. It is making the economy more efficient in using resources. A new breed of entrepreneurs and new industries are emerging who are able to operate successfully in this changed environment. This process must accelerate. It is in the interest of the country's growth and competitiveness that the old companies which do not wish to change and reform themselves become extinct.

Indian Industry

Indian industry has had to bear the brunt of the government's recent espousal of free market policies. However, 'co-opetition' as a conscious strategy decision could help to smoothen the rough edges of competition by putting forward a variety of options - firms working together on a mutuality of interests; the devising of strategic alliances or even embracing a combination of several moves like combination management and/or marketing that could prove especially beneficial for the small sector industry.

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