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 becomes challenging. 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 analysis of the present situation and future options. Useful features include a case study with questions for analysis, and links to web resources.
This bookprovides business practitioners and students with a thorough understanding of starting and growing successful organizations in India.
Figures, Tables, Contributors, Acknowledgements, Foreword, Part I - The Indian Business Context, 1 Introduction: The Indian Business Context, Pawan S Budhwar, Arup Varma, Rajesh Kumar and Hoa Do, 2 Economic Environment, Facts and Initiatives, BC Pradhan and SNV Siva Kumar, 3 Political and Legal Framework and Hurdles in India, Debi Saini, 4 The Indian Cultural Paradox, Kunal Kamal Kumar, Sushanta Mishra and Tony Fang , 5 Trade Unions in India: Prospects and Challenges, Vidu Baddigannavar , 6 Dynamics of Corruption and Cronyism in India, Naresh Khatri and Arup Varma , 7 Unravelling and Harnessing Indian Mindset: Implications for Organizations, Abhinash Panda and Rajen K Gupta, 8 The Challenges of Doing Business in India: An Entrepreneur’s Perspective, Raja P Pappu, Part II – Conducting Business in India, 9 Infrastructure in India: Challenges and Opportunities, Devendra Kodwani, 10 Entry Modes and Dynamics, Surender Munjal , 11Marketing and Distributing Strategies for India, Ravi Shankar and CK Sharma, 12 Improving Access to Finance in India: Three Recommendations, Soumen De, 13 Accounting Systems in India, Rajiv M Srivastava and Vivek Shabi, 14 Managing Challenges of Projects Management: A Case Study of Oil Industry, Prasanta Dey, Debashree De and Vivek Soni, 15 Management of Human Resources in India, Pawan S Budhwar, Arup Varma, Indu Rao and Sudeshna Bhattacharya, 16 HRM Practices for the Indian Context: A Mix of Modern and Traditional Perspectives, Rajesh Chandwani and Upam Pushpak Makhecha, Part III: Emerging Practices, 17 Managing Business Alliances: Experiences of an European Company in India, Claudia Muller and Rajesh Kumar, 18 Risk Management and Governance in Outsourcing and Offshoring to India, Sanjoy Sen, 19 Living in India, Arup Varma, Bhaskar Dasgupta, Pawan S Budhwar and Peter Norlander, 20 Entrepreneurial Globalization: Lessons from the "New" Indian Global Firm, Sam Hariharan and U Srinivasa Rangan, 21 adhyAtma or Spirituality: Indian Perspectives on Management, Dharm Prakash Sharma Bhawuk, 22 Corporate Social Responsibility and Voluntary Sustainability Standards: The India Story, Bimal Arora and Divya Jyoti, Index