describe the condition of indian enterbrenour in the world market
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describe the condition of indian enterbrenour in the world market
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Answer:
Before 1991, Indian business success was a function of ambition, licenses, government contacts, and an understanding of the bureaucratic system. Decisions were based on connections, rather than the market or competition. Business goals reflected a continuation of the ‘Swadeshi’ movement, which promoted import substitution to attain economic freedom from the West.