The India Way

APPENDIX B

Indian Business Leader Interviews and Survey

WE INTERVIEWED A HOST OF Indian executives in 2007–2009, taking notes and digitally recording the dialogue. The business leaders were associated with ninety-eight companies, and their firms belonged to a wide range of industries, as seen in table B-1. Twenty-four of the companies were part of a conglomerate, twelve were in banking, ten in information technology, and nine from pharmaceuticals and biotechnology. Also included were firms from oil and gas, automobiles and auto parts, fast-moving consumer goods and retail, specialty chemicals, beverages and foods, and a host of other sectors. India is a nation of business groups—sets of legally separate firms with significant fractional ownership ...