From “Outsider” to Insider: The Case of Reliance

At the time of India’s liberalization, the Reliance group was already one of India’s leading business groups and in subsequent years it has only solidified its place at the top of India’s corporate hierarchy. Reliance was not, however, among the “traditional” large groups that emerged during the col...

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Main Author: Surajit Mazumdar
Format: Article
Language:English
Published: Centre d’Etudes de l’Inde et de l’Asie du Sud
Series:South Asia Multidisciplinary Academic Journal
Online Access:https://journals.openedition.org/samaj/4278
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author Surajit Mazumdar
author_facet Surajit Mazumdar
author_sort Surajit Mazumdar
collection DOAJ
description At the time of India’s liberalization, the Reliance group was already one of India’s leading business groups and in subsequent years it has only solidified its place at the top of India’s corporate hierarchy. Reliance was not, however, among the “traditional” large groups that emerged during the colonial era and remained dominant in the mid-1960s. This paper traces the story of the Reliance phenomenon and briefly discusses the process (method) by which that story was constructed. In addition to demystifying the phenomenon, the paper seeks to demonstrate there is sufficient evidence available to assert that the basis for the success of Reliance was fundamentally no different from that which other groups used to perpetuate their dominant position, and that the roots of this success lay in the nature of Indian capitalism.
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spelling doaj.art-851252ac73ee48dba7ab6dd3dfa990612024-02-12T15:38:40ZengCentre d’Etudes de l’Inde et de l’Asie du SudSouth Asia Multidisciplinary Academic Journal1960-60601510.4000/samaj.4278From “Outsider” to Insider: The Case of RelianceSurajit MazumdarAt the time of India’s liberalization, the Reliance group was already one of India’s leading business groups and in subsequent years it has only solidified its place at the top of India’s corporate hierarchy. Reliance was not, however, among the “traditional” large groups that emerged during the colonial era and remained dominant in the mid-1960s. This paper traces the story of the Reliance phenomenon and briefly discusses the process (method) by which that story was constructed. In addition to demystifying the phenomenon, the paper seeks to demonstrate there is sufficient evidence available to assert that the basis for the success of Reliance was fundamentally no different from that which other groups used to perpetuate their dominant position, and that the roots of this success lay in the nature of Indian capitalism.https://journals.openedition.org/samaj/4278
spellingShingle Surajit Mazumdar
From “Outsider” to Insider: The Case of Reliance
South Asia Multidisciplinary Academic Journal
title From “Outsider” to Insider: The Case of Reliance
title_full From “Outsider” to Insider: The Case of Reliance
title_fullStr From “Outsider” to Insider: The Case of Reliance
title_full_unstemmed From “Outsider” to Insider: The Case of Reliance
title_short From “Outsider” to Insider: The Case of Reliance
title_sort from outsider to insider the case of reliance
url https://journals.openedition.org/samaj/4278
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