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Conclusion

In: The House of Tata Meets the Second Industrial Revolution

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  • Chikayoshi Nomura

    (Osaka City University)

Abstract

After a clear shift towards economic liberalizationEconomic liberalization became apparent in national policy in the early 1980s, India started lifting its economic growth rate from the notorious 3% “Hindu growth rateHindu growth rate ” to over 6%. Domestically, this rise in per annual growth has helped improve the standard of living of over one billion people, while, globally, providing profitable market opportunities for world manufacturers and investors.

Suggested Citation

  • Chikayoshi Nomura, 2018. "Conclusion," Studies in Economic History, in: The House of Tata Meets the Second Industrial Revolution, chapter 0, pages 269-272, Springer.
  • Handle: RePEc:spr:stechp:978-981-10-8678-6_9
    DOI: 10.1007/978-981-10-8678-6_9
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