Moral Compass for Growth

India’s integration with the global market demands more than efficiency—it requires moral clarity, governance excellence and a culture of values that strengthens both institutions and individuals

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India's future global leadership will not come from scale alone—but from the strength of its ethics and governance

The global business landscape is undergoing a significant transformation, propelled by the tri-pillar economic reforms of Liberalisation, Privatisation, and Globalisation (LPG).

As the Indian economy integrates into this new world order, it must strategically respond to both emerging challenges and unprecedented opportunities. Before the modern industrial era, Indian producers, primarily artisans, held a global reputation for high-quality products like muslins and calicos. This flourishing sector, however, faced a severe decline due to colonial rule and the onset of the Industrial Revolution in Britain. This created an economic vacuum, characterised by an influx of manufactured imports and the forced export of raw materials.

Liberalisation, Privatisation and Globalisation

Following independence, India implemented a planned economy and a state-led development model, which inherently restricted private initiative. The severe economic crisis of the 1980s, however, necessitated structural adjustments, culminating in the adoption of LPG policies in the 1990s. This pivotal shift has since unlocked new avenues for private sector participation, foreign direct investment, and technological advancements.

India’s Competitive Advantage