×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Quick Edit | India evolving

Quick Edit | India evolving
Comment E-mail Print Share
First Published: Fri, Aug 13 2010. 11 11 PM IST
Updated: Fri, Aug 13 2010. 11 11 PM IST
The birth of a free nation also saw the birth of new enterprises, as a story in this edition of Mint shows.
Indian enterprise is widely recognized as one of our great strengths—a point often made by Tarun Khanna and Yasheng Huang of Harvard Business School in their studies on India versus China.
What is less recognized is the way the nature of Indian business activity has changed in waves of creative destruction. The Indian business class was dominated by trading and mercantile interests at the dawn of freedom. Even as the Nehru government built the temples of modern India, the Indian business class moved beyond its origins in trade and developed manufacturing skills.
Indian companies are now building global scale and going global. And it is time for yet another change—they have to become innovation powerhouses so that ideas from India melt into the idea of India.
Comment E-mail Print Share
First Published: Fri, Aug 13 2010. 11 11 PM IST
More Topics: Quick Edit | India | Enterprise | China | Tarun Khanna |