Economics, Econometrics and Finance
6 years ago

Indian companies rapidly diversify, private sector goes unrelated, public sector stays related.

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Vikalpa The Journal for Decision Makers
Patterns of diversification in larger Indian enterprises
Shekhar Chaudhuri, Krishna Kumar C.K. Prahalad, S. Vathsala

Paper Summary

Large Indian companies diversified rapidly from 1960-75. Private firms focused on unrelated businesses, while public sector units preferred related ones. Government regulations and policies strongly influenced diversification patterns in India.

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