LEADING INDIAN BUSINESS-GROUPS

The goal of this paper is to investigate the evolution of the leading Indian business-groups under the conditions of economical liberalization. It is shown that the role of modern business-groups in the Indian economy is determined by their high rate in the gross domestic product (GDP), huge overall...

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Autor principal:	M. A. Vorobyeva
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2016
Materias:	business-groups forms of big corporations diversification concentration liberalization transnationalization indian economy multi-branch corporation International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/5070a20414fc43f8b90ee2ba8375c647
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id	oai:doaj.org-article:5070a20414fc43f8b90ee2ba8375c647
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spelling	oai:doaj.org-article:5070a20414fc43f8b90ee2ba8375c6472021-11-23T14:51:01ZLEADING INDIAN BUSINESS-GROUPS2071-81602541-909910.24833/2071-8160-2016-3-48-265-272https://doaj.org/article/5070a20414fc43f8b90ee2ba8375c6472016-06-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/557https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The goal of this paper is to investigate the evolution of the leading Indian business-groups under the conditions of economical liberalization. It is shown that the role of modern business-groups in the Indian economy is determined by their high rate in the gross domestic product (GDP), huge overall actives, substantial pert in the e[port of goods and services, as well as by their activities in modern branch structure formatting, and developing labor-intensive and high-tech branches. They strongly influence upon economical national strategies, they became a locomotive of internationalization and of transnationalization of India, the basis of the external economy factor system, the promoters of Indian "economical miracle" on the world scene, and the dynamical segment of economical and social development of modern India. The tendencies of the development of the leading Indian business groups are: gradual concentration of production in few clue sectors, "horizontal" structure, incorporation of the enterprises into joint-stock structure, attraction of hired top-managers and transnationaliziation. But against this background the leading Indian business-groups keep main traditional peculiarities: they mostly still belong to the families of their founders, even today they observe caste or communal relations which are the basis of their non-formal backbone tides, they still remain highly diversificated structures with weak interrelations. Specific national ambivalence and combination of traditions and innovations of the leading Indian business-groups provide their high vitality and stability in the controversial, multiform, overloaded with caste and confessional remains Indian reality. We conclude that in contrast to the dominant opinion transformation of these groups into multisectoral corporations of the western type is far from completion, and in the nearest perspective they will still possess all their peculiarities and incident social and economical "colouring".M. A. VorobyevaMGIMO University Pressarticlebusiness-groupsforms of big corporationsdiversificationconcentrationliberalizationtransnationalizationindian economymulti-branch corporationInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 3(48), Pp 265-272 (2016)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	business-groups forms of big corporations diversification concentration liberalization transnationalization indian economy multi-branch corporation International relations JZ2-6530
spellingShingle	business-groups forms of big corporations diversification concentration liberalization transnationalization indian economy multi-branch corporation International relations JZ2-6530 M. A. Vorobyeva LEADING INDIAN BUSINESS-GROUPS
description	The goal of this paper is to investigate the evolution of the leading Indian business-groups under the conditions of economical liberalization. It is shown that the role of modern business-groups in the Indian economy is determined by their high rate in the gross domestic product (GDP), huge overall actives, substantial pert in the e[port of goods and services, as well as by their activities in modern branch structure formatting, and developing labor-intensive and high-tech branches. They strongly influence upon economical national strategies, they became a locomotive of internationalization and of transnationalization of India, the basis of the external economy factor system, the promoters of Indian "economical miracle" on the world scene, and the dynamical segment of economical and social development of modern India. The tendencies of the development of the leading Indian business groups are: gradual concentration of production in few clue sectors, "horizontal" structure, incorporation of the enterprises into joint-stock structure, attraction of hired top-managers and transnationaliziation. But against this background the leading Indian business-groups keep main traditional peculiarities: they mostly still belong to the families of their founders, even today they observe caste or communal relations which are the basis of their non-formal backbone tides, they still remain highly diversificated structures with weak interrelations. Specific national ambivalence and combination of traditions and innovations of the leading Indian business-groups provide their high vitality and stability in the controversial, multiform, overloaded with caste and confessional remains Indian reality. We conclude that in contrast to the dominant opinion transformation of these groups into multisectoral corporations of the western type is far from completion, and in the nearest perspective they will still possess all their peculiarities and incident social and economical "colouring".
format	article
author	M. A. Vorobyeva
author_facet	M. A. Vorobyeva
author_sort	M. A. Vorobyeva
title	LEADING INDIAN BUSINESS-GROUPS
title_short	LEADING INDIAN BUSINESS-GROUPS
title_full	LEADING INDIAN BUSINESS-GROUPS
title_fullStr	LEADING INDIAN BUSINESS-GROUPS
title_full_unstemmed	LEADING INDIAN BUSINESS-GROUPS
title_sort	leading indian business-groups
publisher	MGIMO University Press
publishDate	2016
url	https://doaj.org/article/5070a20414fc43f8b90ee2ba8375c647
work_keys_str_mv	AT mavorobyeva leadingindianbusinessgroups
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LEADING INDIAN BUSINESS-GROUPS

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