This is just a brilliant and a must read book for those interested in Indian economy and business. It is written by Prof Dwijendra Tripathi (formerly of IIM-A) and Jyoti Jumani.The book balances breadth and depth really well and all in some 220-30 odd pages. It really is concise.
Prof Tripathi was a rare scholar as he studied business history of India. Economic history used to be far more popular and atleast is known as subject (if not taught). But business history is like this poor branch of economic history – mostly ignored. However, it is business history which connects the dots of economic development and its impact on businesses. It takes the discussion from markets to firms and makes things look more realistic. You start reading familiar names of various companies and how they responded to the changing environment.
The book gives a good overview of how business history has shaped in India:
The Concise Oxford History of Indian Business is an adapted edition of The Oxford History of Business. The author traces the transformation of the Indian business class from merchants to industrialists and, more recently, service providers. The focus of this volume is on the modern or that phase of Indian business in free India and response of Indian business to the call of globalization.
There is a good detailed review of the book here as well. It sums up whatever there is in the book. It saves a lot of my effort. Hence the title of the post has been changed from review to recommend.