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.
More in Business
You may also like
India made Truecaller a tech behemoth. Now it is slowly stifling the company
For over a decade, the Swedish caller ID company thrived on India’s lightly regulated digital ecosystem. Now, it faces some existential questions in its largest market.
Adani circles nuclear power as India rethinks the rules
As India prepares to throw open its nuclear sector to private players, the conglomerate is taking position. But the technology, economics and risks look far tougher than anything it has scaled so far.
Rajasthan just ghosted coal. Investors should take note.
When India’s solar capital says coal no longer adds up, it’s a market signal investors shouldn’t ignore. Separately, Deutsche Bank sets a €900 billion sustainable finance target by 2030 and COP30 falls short of expectations.