The Indian economic development in a nutshell
I recently started to write a book and I will publish parts in the coming months on this blog. The working title of the book will be: Orchestrating the IT value chain and provides my experience and vision on improving the performance of IT and alignment with the business. This blog is about the effects globalisation had on the country I lived in for an year: India. After the fall of the Berlin Wall, countries such as India, China and Russia began to open up their economies to the world. This enhanced collaboration across the globe and kick started an unprecedented economic growth within India. Until the 1980s, Indian policy makers enforced a strict industry policy which resembled in many ways the ‘plan economies’ of communistic countries. By nationalizing companies and regulating the amount of output a company or industry could produce, the government tried to develop the country from a society of farmers to an industrialized country. In line with this policy imposed the g...