INSEAD Library

Includes bibliographical references and index

Digitized

Contents Succeed in business Acknowledgements lntroduc tion Map of lndia Chapter 1 - lndian History for the Business Person History: A Snapshot 1 1 Hinduism 12 Society 13 Persian and Greek Invasions 14 T h e Rise and Fall of the Mauryas 14 Trade with the West 15 T h e Gupta Empire, the Hunas and Harsha Vardhana 16 The Coming of Islam 16 Europeans in lndia 2 0 Freedom Movement 24 Chapter 2 - Understanding the New Republic The Constitution 28 The States and Union Territories 28 Citizenship 29 Fundamental Rights 29 Fundamental Duties 30 Directive Principles of State Policy 30 Government 3 1 Indian Politics Then and Now 36 Chapter 3 - Taxation, Revenue a n d Labour Issues T h e Reserve Bank of India 39 Main Sources of Revenue 4 0 Labour Legislation in India 48 Chapter 4 - Government Policy o n Foreign Direct lnvestment T h e Period 1950 t o 1970 5 4 T h e Period 1970 t o 1990 5 4 Post-1 9 9 1 Liberalisation 5 7 T h e New Industrial Policy: A Closer Look 5 8 Main Sources of Foreign Direct lnvestment 5 9 Towards Globalisation 6 1 T h e New Business Environment 62 Chapter 5 - Types of Business Enterprises Companies 7 5 T h e Partnership Act 91 Special Provisions for a Sole Proprietorship 92 Chapter 6 - Opening U p the Stock Market t o Foreign lnvestment 9 5 Stock Exchanges 9 6 T h e Emerging Scenario 9 9 Euro-issues 101 Exchange Control Regulations 102 External Commercial Borrowings 103 Chapter 7 - Opportunities for lnvestment T h e Giant Beckons 107 About the People 108 Laying the Foundations: Infrastructure 1 13 Agriculture a n d Processed Food 1 1 7 Conquering t h e Skies 1 1 7 Tourism 1 18 53 Telecommunications 1 19 Insurance 12 1 Electronics and Software 12 1 International Arbitration 129 Chapter 8 - Setting U p a Successful Joint Venture in lndia The Right Location 1 3 1 A Suitable Partner 132 Avoiding Shortcuts and Making Connections Work 132 Other Useful Notes for Investors 133 Success Stories 135 You Win Some, You Lose Some 137 Allowing 100% Subsidiaries 1 39 Preparing the Team 14 1 Life for the Expatriates 142 Chapter 9 - India's Foreign Trade Value and Direction o f Foreign Trade 15 1 Indian Missions 155 India Takes O n the World 155 Appendices A Basic Facts and Travel Tips B Directory of Important Contacts C References About the Author 13 1 Index