Chapter 7
1. For purposes of this book, the stock market definition of medium companies is used. It refers to those companies that have a market capitalization between INR 5 to 10 billion, although the government of India guidelines define medium as units as those where investment is less than INR 0.1 billion. Small companies are those that fall below these limits, but do not qualify as tiny or micro units.
2. Compounded Annual Growth Rate.
3. Gherao, meaning ‘to encircle’, comes from Bengali. It was a typical way of protest started by the Communist Party of India (Marxist).
4. It was the successor of IBM, when it was asked to close down operations in India in 1977.
5. ’Made in India: The next big manufacturing export story,’ A CII-McKinsey ...
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