BUSINESS AND INDUSTY
1. PERSPECTIVE
Students are pursuing the management courses in the context of the world of
business and industry. Such perspective during the course itself gives them an edge
over others who grasps subsequent to their becoming insiders of organizations.
Hence, this understanding must cover not only the current business but also the
emerging business. Focus is made to give a feel and insight into the world of
business and particularly the emerging business, MSME and family run business.
2. OBJECTIVES AND OUTCOMES
This course aims at
To enumerate the fundamentals of economy, business and industry
To study the present status of Business & Industry.
To get an understanding of future emerging business.
To get knowledge of MSME and family run business.
To understand the legal and statutory provisions of doing business.
The outcome of this course is tounderstand dynamics of business and
industry by students.
3. COURSE CONTENT AND STRUCTURE
The course has been divided in to seven modules to cover the several
dimensions of Business and Industry and various aspects of environment in
which they operate.
I. MODULE ONE : AN OVERVIEW OF INDIAN ECONOMY
The structure of Indian Economy, Pillars of Economic Development,
Role and contribution of Agriculture, Industry and Services;
Performance, recent trends and future scenario of primary, secondary
and tertiary sectors in Indian Economy.
II. MODULE TWO : ESSENTIALS OF BUSINESS & INDUSTRY
Meaning, nature, role and importance of business and industry,
functions and processes, Internal and external influences, Different
forms of enterprises, Interaction and linkages.
III. MODULE THREE : EVOLUTION OF FUTURE AND EMERGING BUSINESS &
INDUSTRY
Evolution of future and emerging technologies, Industry 4.0, and
implementation road map for Indian Industries.
IV. Module Four: Structure and Overview of Family run Business:
Importance of family runs business in national & global context.
Challenges of family run business.
Obstacles faced and recommendation for success for family runs
business.
V. Module Five: Indian MSME Sector:
Nature and types, MSME sector as Growth Empire of Indian industry.
Global completion and need for Lean technology for MSME sector in
India. Challenges and opportunities for growth.
VI. Module Six: Voluntary Organizations
Provisions of Companies Act, CSR Rules, Meaning, Characteristics and role
of Non-Governmental organizations (NGOs),Voluntary organizations
(VOs), Nonprofit organizations ( NPOs) , Civil Society organizations
(CSOs) , Types of NGOs by orientation, level of cooperation, scope and
coverage , Present status in India.
VII. Legal aspects of business. Understanding the statutory provisions as
provided by law.
4. PEDAGOGY AND CASE STUDIES
Lectures
Case Discussions and Practical Visits to Industry
Assignments and Presentations
Workshops
5. RECOMMENDED READING
Dr. Yogesh M. Kulkarni “ Performance of Indian Industrial Sector” Binding:
HBR Year: 2011
Bachcha & Pathak “ Industrial Policy –India” Deep and Deep publication Pvt.
ltd, 2007
Lecture notes provided in the class
6. TEACHING AND LEARNING RESOURCES
1. www.wikipedia.com
2. www.industryreview.com
3. www.bls.gov/opub/mlr/2008/12/art3full.pdf
4. http://en.wikipedia.org/wiki/Putting-out_system
5. http://www.universityofcalicut.info/SDE/BA_sociology_indian_society.pdf
6. http://en.wikipedia.org/wiki/Economic_history_of_India
7. http://orissa.gov.in/e
magazine/Orissareview/aug2005/engpdf/the%20swadeshi
%20movement.pdf
8.http://zeenews.india.com/business/slideshow/indian-economy-a-
journey-of-last-
66-years_68.html/10
9. http://business.mapsofindia.com/india-policy/liberalization-
privatizationglobalization.
html
10. http://www.slideshare.net/shahavish/industrial-policy-from-1948-1991
11. http://msme.gov.in/Web/Portal/New-Default.aspx
12.
http://www.eximguru.com/exim/eou/ch_1_export_oriented_units_eous_intr
oducti
on.aspx
13. http://business.mapsofindia.com/india-company/multinational.html
14. http://www.encubeindia.com/downloads/indian_family_businesses.pdf
15. http://nrlp.iwmi.org/PDocs/DReports/Phase_01/04.%20WTO%20and
%20agricult
ure%20-%20RPS%20Malik.pdf
16. http://mospi.nic.in/Mospi_New/upload/SYB2014/CH-9-
HORTICULTURE/horticulture.pdf
17. http://www.asa.in/pdfs/surveys-reports/Food-Processing-Sector-in-
India.pdf
18. http://pib.nic.in/archieve/others/2012/mar/d2012031308.pdf
19. http://www.slideshare.net/sathishhs7/nature-and-scope-of-contract-
farming-inindia
20. http://www.slideshare.net/AnujDiwakar/gptaie
21. http://en.wikipedia.org/wiki/Chemical_industry
22. http://www.in.kpmg.com/pdf/Indian_Sugar_Industry.pdf
23.
http://www.yieldopedia.com/paneladmin/reports/07dc15673834d4ced6b
89a854c4
b2980.pdf
24. http://dhi.nic.in/indian_machine_tools_industry.pdf
25. http://www.tsmg.com/download/article/Overview%20of%20the
%20Indian%20A
uto%20Component%20industry.pdf