Sumit K. Majumdar is Professor of Technology Strategy in the School of Management, University of Texas, Dallas, Richardson. Intimately familiar with Indian industry, he has observed India's industrial transformation, from a closed backward economy to one rapidly becoming one of the world's major powers, from an inimitable historical as well as a contemporary perspective. He maintains deep ties and regularly visits India to engage in interactions with entrepreneurs and policymakers from all of India's industrial sectors. His interest areas are competition policy, entrepreneurship, political economy, regulation and technology strategy. He has published extensively in the academic and popular presses and has edited the two-volume Handbook of Telecommunications Economics (2005).

• List of figures; List of tables; Acknowledgements; Preface: The Maharaj and the Saffron; 1. Vent for growth; 2. Industrial revolutions; 3. Aspects of Indian enterprise history; 4. Emergence of modern industry; 5. Asian late industrialization; 6. Democratizing entrepreneurship; 7. Contemporary India; 8. The services sector debate; 9. A paean for manufacturing; 10. Reindustrializing India; Appendices; Notes; References; Index.

'This important book highlights the key role that entrepreneurship has played in generating India's rapid economic development. [It] provides a thoughtful and insightful analysis that opens new territory to scholars and policy makers not just in economic development but also entrepreneurship.' David Audretsch, Director, Institute for Development Strategies, Indiana University