Through the Hindu “Business Line” article the author, Mr Chandrajit Banerjee, Director General (CII), chronicles the development and evolution of the Indian industry in the post 1991 liberalisation era.

The author dwells upon how companies had to fight for their survival in the post reforms scenario after the Indian industry was thrown open to competition from abroad after many decades of protection. He further elucidates the theme of corporate social responsibility suggesting that it is only now that industry is in a position to give back to society. Mention is also made of the Confederation of Indian Industry (CII) and its key role in supporting the reform process and improving competitiveness.

The author concludes by making a case for heightened private participation in government led interventions for wider, broad based reforms.