The Indian Industry and Neoliberalism: the irony of a mythology

Jyoti Saraswati

Third World Quarterly, 2008, vol. 29, issue 6, 1139-1152

Abstract: Over the past decade, literature on the development of the Indian it industry has proliferated. Yet, paradoxically, an understanding of the dynamics behind this process of ‘industrial catch-up’ has remained limited. This can in part be attributed to the ideological flavour of the majority of studies, supported by a conventional wisdom that has attempted to draw links between the 1991 liberalisation of the Indian economy and the emergence and growth of the sector. Such works have both misrepresented the state as an obstacle to growth and overlooked its interventionist, facilitating role which, contrary to neoliberal postures, has increased substantially from the 1990s. The purpose of this paper is to evaluate this literature, taking as point of departure a more rounded empirical account, bringing out the integral role of the state in promoting and determining the character of the Indian it industry's development.

Date: 2008
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DOI: 10.1080/01436590802201105

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