The Marwaris: From Jagat Seth to the Birlas

Publisher:
Penguin Random House
| Author:
TIMBERG, THOMAS A.
| Language:
English
| Format:
Paperback

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ISBN:
Page Extent:
224

In the nineteenth century, a tiny community from the deserts of Rajasthan spread out to every corner of India. The Marwaris controlled much of the country’s inland trade by the time of the First World War. They then turned their hand to industry and, by the 1970s, owned most of India’s private industrial assets. Today, Marwari businessmen account for a quarter of the Indian names on the Forbes billionaires list.// What makes the Marwaris so successful? Is it their indomitable enterprise, or their incredible appetite for risk? In this new book, Thomas Timberg shows how the Marwaris rely on a centuries-old system for conserving and growing capital which has stood them in good stead, alongside a strong sense of business ethics which has earned them respect.// Family businesses in general and the Marwaris in particular might have a vital role to play in shaping India’s economic future.

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Description

In the nineteenth century, a tiny community from the deserts of Rajasthan spread out to every corner of India. The Marwaris controlled much of the country’s inland trade by the time of the First World War. They then turned their hand to industry and, by the 1970s, owned most of India’s private industrial assets. Today, Marwari businessmen account for a quarter of the Indian names on the Forbes billionaires list.// What makes the Marwaris so successful? Is it their indomitable enterprise, or their incredible appetite for risk? In this new book, Thomas Timberg shows how the Marwaris rely on a centuries-old system for conserving and growing capital which has stood them in good stead, alongside a strong sense of business ethics which has earned them respect.// Family businesses in general and the Marwaris in particular might have a vital role to play in shaping India’s economic future.

About Author

Gurcharan Das is a renowned author, commentator and thought leader. He is the author of two bestsellers, India Unbound and The Difficulty of Being Good, which are volumes one and two of a trilogy on life’s goals, of which Kama: The Riddle of Desire is the third. His other literary works include a novel, A Fine Family, a collection of plays for the theatre, Three Plays, and a book of essays, The Elephant Paradigm. His recent book India Grows at Night was on the Financial Times’ list of best books of 2013. He is general editor for Penguin’s multivolume Story of Indian Business series. He studied philosophy at Harvard University and was CEO, Procter & Gamble India, before he became a full-time writer. He writes a regular column for six Indian newspapers, including the Times of India, and occasional pieces for the Financial Times, Foreign Affairs and New York Times. He lives with his wife in Delhi.
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