ABSTRACT

The Indian economy is projected to become the world's fourth largest by 2020 and it is central to global economic performance. In a period of rapid change, understanding the business environment is a challenge. This book highlights the unique mix of challenges and opportunities for investors and organizations in India.

Indian Business brings together a wide range of experts to present a comprehensive insight into doing business in India. It draws on research-based evidence and expert coverage of the emerging political, legal and social frameworks. It is divided into three parts: the Indian business context, conducting business in India, and emerging practices relevant for foreign investors. Each chapter outlines the context and justification for study, along with an analysis of the present situation and future options. Useful features include a case study with questions for analysis, and links to useful web resources.

This book provides business practitioners and students with a thorough understanding of how to start and grow successful organizations in India.

part I|98 pages

The Indian business context

chapter 1|9 pages

Introduction

3The Indian business context

chapter 2|11 pages

The economic environment

Facts and initiatives

chapter 5|11 pages

Trade unions in India

Prospects and challenges

chapter 7|13 pages

Unravelling and harnessing the Indian mindset

Implications for organizations

chapter 8|14 pages

The challenges of doing business in India

An entrepreneur’s perspective

part II|108 pages

Conducting business in India

chapter 9|16 pages

The infrastructure in India

100Challenges and opportunities

chapter 10|13 pages

Entry modes and dynamics

chapter 12|10 pages

Improving access to finance in India

Three recommendations

chapter 14|18 pages

Managing the challenges of project management

A case study of the oil industry

chapter 16|11 pages

HRM practices in the Indian context

A mixture of modern and traditional perspectives

part III|71 pages

Emerging practices

chapter 17|11 pages

Managing business alliances

209Experiences of a European company in India

chapter 20|14 pages

Entrepreneurial globalization

Lessons from the “new” Indian global firm

chapter 21|11 pages

adhyAtma 1 or spirituality

Indian perspectives on management