Change of Industrial Strategies and Government-Business Relationsip in India

Abstract

India has emerged as the Asias new economic power. Many studies have applauded its significant

economic development. Recently, however, Indian economy has also experienced sluggish growth and

has faced pessimistic prediction. This paper will explore the reasons behind these divergent views by

investigating Indias industrial strategies and the structural characteristics of economic governance

through an examination of the relationship between Indian government and businesses by firm type and

industrial sector.