Business Today

ENGINES OF CHANGE

was launched 28 years ago, India was just beginning to discard its stifling ‘Licence Raj’ and was at the cusp of opening its economy to the world. With four decades of socialism, during which the commanding heights of the economy were nationalised, the $278.4 billion-Indian economy, then the 16th largest, was a pygmy despite its size and population. The advent of globalisation and rapid technological advances changed all that forever. It now counts as the

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