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Lost Glory – India's Capitalism Story - Oxford Scholarship Online
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Lost Glory: India's Capitalism Story

Sumit K. Majumdar


Lost Glory: India’s Capitalism Story describes India’s industrialization experiences. Questions about long-term industry and productivity evolution, and their impact on economic growth, lie at the heart of discourses of capitalism. The book is based on detailed empirical analyses of India’s industrialization over a period of almost seven decades, and a case study of Maruti Suzuki, India’s largest automobile manufacturer. The deeply nuanced depiction of the historical political economy that has affected India’s industrialization is a unique feature. This history will enlighten everyone interest ... More

Keywords: Indian industrialization, productive efficiency, growth, organizational form, political economy, industrial policy, competition policy, liberalization, State-owned firms, economic nationalism

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780199641994
Published to Oxford Scholarship Online: August 2018 DOI:10.1093/oso/9780199641994.001.0001


Affiliations are at time of print publication.

Sumit K. Majumdar, author
Professor of Technology Strategy, University of Texas at Dallas