Three decades after liberalisation, telecom has evolved from a scarce state-run utility into the backbone of India's digital economy
Rakesh Mohan talks about the trajectory of India's economic development, why the reforms could be pulled off as quickly as they were, and what India can do now to boost manufacturing
Avoid leverage, respect valuations and let earnings, cash flows and balance sheet strength, not narratives, guide investment decisions
By 2025-26 the primary sector's share had roughly halved to about 18%, the tertiary sector had surged to some 56% and industry sat almost exactly where it began, at around 25%
In 1991, five years into the Doi Moi reforms, Vietnam's per capita income was $141, less than half of India's. Today it is $4,829, nearly twice that of India
Three decades after liberalisation transformed its auto industry, Chennai has built a deep manufacturing and talent ecosystem and is emerging as a global hub for vehicles, components and EVs
Defence production has risen 140% since FY17, while private-sector output has grown 198%, as policy reforms increasingly open strategic programmes to industry.
India's IT industry was built not just on Y2K, but on the 1991 reforms that opened capital, technology, telecom and global markets, creating a powerful engine of exports and foreign exchange
N K Singh recalls the circumstances under which India liberalised its economy. He discusses how India can negotiate a highly uncertain world now, while retaining its growth momentum
India's development ambitions will depend not on promises alone, but on sustained reforms, better-designed welfare, inclusive products, capable leadership and accountability
Once labelled a "sunset industry", India's steel sector has been transformed by liberalisation, private investment and consolidation into a key driver of the country's growth
Subhash Chandra says India's media industry has become a ₹2.7-trillion powerhouse, expanded the country's global cultural influence and created millions of jobs since liberalisation
The dropout rate of companies in index surged in post-liberalisation economy, even as Indian equities joined the global asset pool, with the entry of foreign institutional investors in the late 1990s
The reforms of 1991 not only enhanced car buyers' choices but also helped put Indian manufacturing on the global map
Three decades of reforms, technology and regulation have transformed India's capital markets into one of the world's most efficient, transparent and accessible investment ecosystems
Howrah's famed foundry belt awaits a revival as industry hopes a new political climate will attract investment and restore the 'Sheffield of the East' to prominence
A balance of payments crisis, emergency gold pledges, and a reform-driven Budget in 1991 set India on the path towards economic liberalisation
R C Bhargava talks about the rise of the Indian passenger vehicle market after the 1991 reforms and the industry's continuing transformation