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No other period in the entire history of India ever witnessed such momentous developments, affecting so profoundly the life of its people as the half century that followed the end of British colonialism. Business was one realm that experienced a great deal of upheavals. This book provides a comprehensive analysis of the making of modern business and the modern business class, covering the period from 1947 to the present times. Linking socio-economic and political changes to shifts in the business climate and policies of the country, it provides the first in-depth narrative of business in post-colonial India. The book covers a vast canvas-from industrial licensing and planned economy, to the experiments in cooperative undertakings, and the opening up of the Indian economy and liberalization. The book also covers several new and emerging areas in business history including the rise of business education and a new managerial class, technological autonomy, and corporate citizenship. Salient Features Comprehensive reference book. Tripathi is an eminent business historian. His earlier books have been highly successful. Lucid narrative and well researched. About the Author Dwijendra Tripathi was the Kasturbhai Lalbhai Professor of Business History, Indian Institute of Management Ahmadabad. Jyoti Jumani is a freelance teacher, researcher, and writer. Table of Contents Acknowledgements List of Tables Introduction 1. Indian Business at Independence: A Synoptic View 2. Independence: A New Business Climate 3. Private Enterprise in the Nehru Era 4. Public Sector in the Nehru Era 5. The Tumultuous Decade 6. Towards Hope 7. Into a New Age 8. Crisis in Family Business 9. Business Education and the Rise of a Managerial Class 10. On Structure and Strategies 11. Summing Up Appendices: I. Consolidated List of Public Sector Enterprises II. Category-wise List of Public Sector Enterprise III. Business on the Fringes: A Note on Cooperative Enterprises Name Index Subject Index