Where is the private sector establishment we know as India Inc headed? How do these entities define their “Big Picture” objectives, beyond the usual quarterly metrics? The rapid and much-needed makeovers to organisational size, structure and efficiency following the first challenges thrown up by economic reform peaked in the early 2000s. Since then, India Inc has barely taken a shuffling step forward.
True, they have not been inactive. Smaller and nimbler entities may have maximised the new opportunities of liberalisation in IT, e-commerce and infrastructure, powered by newer and flexible sources of capital, and the larger ones rightly looked outwards
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