India
A large, fast-growing but heavily promoter-dominated market where the licence-raj legacy, family conglomerates and regulatory discretion still shape which businesses earn returns on capital.
7 books
Start here
- India UnboundGurcharan Das, 2000
- The Billionaire RajJames Crabtree, 2018
- The AnarchyWilliam Dalrymple, 2019
Books 7
T1 The Anarchy
William Dalrymple · 2019 · The East India Company as the first corporate conquest of a country.
Gurcharan Das · 2000 · A Procter & Gamble insider on the 1991 liberalisation and what preceded it.
Edward Luce · 2007 · The political economy behind the growth story, by an FT Delhi bureau chief.
James Crabtree · 2018 · Crony capitalism, promoter leverage and the bad-loan crisis.
Gita Piramal · 1996 · Profiles of the family houses that still dominate the index.
Vijay Joshi · 2016 · The reform agenda India has still not executed.
T3 Backstage
Montek Singh Ahluwalia · 2019 · Insider memoir by the architect of much of the reform programme.