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The Indian economy stands at a pivotal crossroad. Its 75-year journey has successfully built the economic infrastructure necessary for a take-off onto a new, high-growth trajectory. Indian corporations are expanding globally while domestic consumers are increasingly exposed to international products. This, combined with revolutionary technological, cultural, and social shifts, is forcing a fundamental rethink of traditional business and organizational management models.
Companies are undergoing profound digital transformations, reimagining their daily operations in an era where information itself has become a valuable new form of capital. This has spurred novel institutions and business practices. However, these new avenues and players also highlight pressing concerns regarding equity, human development, and regulatory frameworks. The pursuit of profit maximization now exists alongside the urgent imperatives of sustainability, ethical conduct, and social responsibility.
This book examines this complex evolution through articles on Indian business houses and their societal impact. It discusses the role of business in poverty reduction, energy transition, and rural development, while also exploring the dynamic financial sector and emerging sunrise industries like sports and filmmaking.
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