Indian Business: Understanding a Rapidly Emerging Economy

The Indian economy is projected to become the world's fourth largest by 2020 and it is central to global economic performance. In a period of rapid change, understanding the business environment is a challenge. This book highlights the unique mix of challenges and opportunities for investors and organizations in India.

Indian Business brings together a wide range of experts to present a comprehensive insight into doing business in India. It draws on research-based evidence and expert coverage of the emerging political, legal and social frameworks. It is divided into three parts: the Indian business context, conducting business in India, and emerging practices relevant for foreign investors. Each chapter outlines the context and justification for study, along with an analysis of the present situation and future options. Useful features include a case study with questions for analysis, and links to useful web resources.

This book provides business practitioners and students with a thorough understanding of how to start and grow successful organizations in India.

Pawan Budhwar is Professor of International HRM at Aston Business School, Birmingham, UK. He is the Associate Pro-Vice Chancellor International (India) of Aston University, the Joint-Director of the Aston India Centre for Applied Research and Co-Editor-in-Chief of the British Journal of Management.

Arup Varma is Professor of Management at Loyola University Chicago, USA. His research interests include performance appraisal and expatriate issues. He has published articles in leading journals, including the Academy of Management Journal, Personnel Psychology, and the Journal of Applied Psychology.

Rajesh Kumar is currently the Principal of International Strategic Consultants (www.internationalstrategic consulting.com), an international business advisory consultancy. Prior to this he was Professor of International Business at Menlo College, CA, USA. His expertise lies in the area of managing strategic partnerships, negotiating across cultures and managing in emerging markets.