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The House of Tata Meets the Second Industrial Revolution

An Institutional Analysis of Tata Iron and Steel Co. in Colonial India

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  • © 2018

Overview

  • Takes a new approach to the business and economic history of colonial India
  • Bridges the gap between the business history and economic history of colonial India
  • Clarifies the institutional foundations of the economic development of colonial India

Part of the book series: Studies in Economic History (SEH)

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Table of contents (9 chapters)

Keywords

About this book

This monograph aims to analyze the economic and business history of colonial India from a corporate perspective by clarifying the historical role of institutional developments based on archival evidence of a representative enterprise. The perspective is distinctively unique in that it highlights the salience of corporate-level institutional responses to explain the causes of colonial India’s industrial growth, in addition to two renowned perspectives focusing on government economic policy or factor endowment.

One of the driving forces of India’s high growth rate since the 1980s is the expansion of modern business corporations whose origins date back to the colonial era in the mid-nineteenth century. This monograph explores the historical foundation of the growth of such corporations in colonial India, guided by a substantial collection of documents of Tata Iron and Steel Company, whose rich records have not received the due attention they have long deserved. As clarified by numerous economic and business historians of leading industrialized countries since the works of Douglass North and Alfred Chandler, this study as well proposes that the development of modern business corporations in colonial India was broadly supported by the reciprocal evolution of economic institutions and corporate organizations. Adding a new perspective to the business and economic history of colonial India, the analysis also provides an important case study of the development of corporate business in the non-Western world to the study of global business history.

Authors and Affiliations

  • Graduate School of Literature and Human Sciences, Osaka City University, Osaka, Japan

    Chikayoshi Nomura

About the author

Chikayoshi Nomura is an associate professor of the Graduate School of Literature and Human Sciences, Osaka City University, Japan. He obtained a Ph.D. from the University of Tokyo in 2005. His research interest includes issues in the area of the economic and business history of colonial India, institutional development, and imperialism.

Bibliographic Information

  • Book Title: The House of Tata Meets the Second Industrial Revolution

  • Book Subtitle: An Institutional Analysis of Tata Iron and Steel Co. in Colonial India

  • Authors: Chikayoshi Nomura

  • Series Title: Studies in Economic History

  • DOI: https://doi.org/10.1007/978-981-10-8678-6

  • Publisher: Springer Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: Springer Nature Singapore Pte Ltd. 2018

  • Hardcover ISBN: 978-981-10-8677-9Published: 23 April 2018

  • Softcover ISBN: 978-981-13-4212-7Published: 25 December 2018

  • eBook ISBN: 978-981-10-8678-6Published: 12 April 2018

  • Series ISSN: 2364-1797

  • Series E-ISSN: 2364-1800

  • Edition Number: 1

  • Number of Pages: XXII, 287

  • Number of Illustrations: 3 b/w illustrations, 22 illustrations in colour

  • Topics: Economic History, Family Business, History of South Asia

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