Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.
2 November, 2025•16 min
5
2 November, 2025•16 min
5

More in Business
Business
Is Jubilant a victim of its own success?
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
You may also like
Business
The smart meter business gets real
Q3 disclosures show that India’s smart meter rollout has crossed a key threshold—moving from promise to shaping revenues, margins and strategy.
Business
Tata Steel’s climate reckoning
Tata Steel battles protests and litigation in the Netherlands. Separately, India’s solar market powers ahead and ESG investing redraws its boundaries.
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.







