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Globalization and Standards

Issues and Challenges in Indian Business

  • Keshab Das

Part of the India Studies in Business and Economics book series (ISBE)

Table of contents

  1. Front Matter
    Pages i-xv
  2. Introduction

  3. Consumers, Retails and Trade

    1. Front Matter
      Pages 21-21
    2. Peter Knorringa, Alejandro Guarín
      Pages 23-40
    3. Arpita Mukherjee, Divya Satija, Tanu M. Goyal, Murali K. Mantrala, Shaoming Zou
      Pages 41-59
  4. Regulations, Standards and Compliance

    1. Front Matter
      Pages 101-101
    2. Tara S. Nair, Milind Sathye, Muni Perumal, Craig Applegate, Suneeta Sathye
      Pages 103-120
  5. Issues in Innovation, Labour and Environment

  6. Farm Sector and Its Global Interface

    1. Front Matter
      Pages 261-261
    2. Kirti Joshi, Bikramjit Sinha
      Pages 263-273
  7. Back Matter
    Pages 293-300

About this book

Introduction

The changes following more than two decades of economic reforms and globalization of the Indian economy – at state, corporate sector, and consumer level – raise interesting questions on the ways in which the stakeholders will continue to engage on the world stage, politically, socially and economically.  One key feature of global trade over this period has been the growing importance of not only product standards but, importantly, labor, environmental, food safety and social standards.  Being essentially a non-tariff barrier,standards have often become critical to market access and essential to sustained competitiveness. This has a clear impact on the manner in which both global and Indian business is conducted now and in the future.  It also underlines the need for a new area of enquiry that addresses the following questions:  How are the Indian public and private actors – the state, domestic firms, local consumers and society – influencing and being influenced by such standards? Do standards really matter in an overwhelmingly informal production sphere, with consumers deeply segmented on the basis of a highly skewed distribution of income and with the rural population becoming further marginalized?

We have limited knowledge about the challenges faced and strategies pursued by these key domestic actors, both public and private.  How have they been able to drive these processes and what are their implications for larger concerns with inequalities and the conditions of the poor?  How does the omnipresent informality influence compliance, encourage multiple standards and affect the chances of addressing institutional dysfunctionality?  What role does regulation play?  These are some of the issues dealt with in the book, which has chapters focusing on aspects of specific sectors such as microfinance, pharmaceuticals, automobiles, tea trading, the role of the state and changing consumer influence.

Keywords

Consumers Globalization Informal Sector Regulation Standards Trade

Editors and affiliations

  • Keshab Das
    • 1
  1. 1.Gujarat Institute of Development Research (GIDR)AhmedabadIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-81-322-1994-1
  • Copyright Information Springer India 2014
  • Publisher Name Springer, New Delhi
  • eBook Packages Business and Economics
  • Print ISBN 978-81-322-1993-4
  • Online ISBN 978-81-322-1994-1
  • Series Print ISSN 2198-0012
  • Series Online ISSN 2198-0020
  • Buy this book on publisher's site
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