Indian Journal of Industrial Relations

1. Tarun Khanna

Received
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Accepted
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Published
04-Jun-2026
Abstract
Despite many similarities in size, proximity and antiquity, India and China chose so differently at their near-contemporaneous births. There are historical similarities between the two too. Yet starkly different paths make the past six decades as close to a ‘petri dish’ of sorts for a social scientist, where something profound can be learned for anyone interested in how societies develop. Many leading Indian firms today are the result of ground-up, private-sector entrepreneurship unlike the leading firms in China. The private sector orientation of the globally competitive Indian firm has manifested itself in both product (output) and factor (input) markets, argues the paper. Keywords : Indian firms, Global competetion
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