Globalization and Standards  Issues and Challenges in Indian Business /  [electronic resource] : 
edited by Keshab Das. 
 - XV, 300 p. 15 illus., 9 illus. in color.  online resource. 
 - India Studies in Business and Economics,  2198-0012 .
 - India Studies in Business and Economics, .
<br/><br/>Globalization and Standards: Concerns in a Large Transforming Economy, India -- Standards and Consumer Behaviour of the Rising Middle Class in India -- Impact of the Retail FDI Policy on Indian Consumers and the Way Forward -- Environmentally Sensitive Goods in India's Trade: Emerging Challenges and Prospects -- Indian Microfinance and Codes of Conduct Regulation: A Critical Examination -- Automotive Industry Response to Its Global QMS Standard ISO/TS-16949 -- Regulatory Standards in Pharmaceuticals and Consumers: Missing Links -- Medical Consumption and Clinical Practice: India at the Crossroads -- From Reverse Engineering to Reverse Innovation: GPNs and the Emerging Powers -- Institutions and Innovation: A Study of ICT-MSMEs in India -- Promoting Cluster Development Through Decent Work: Case of the Surat Diamond Processing Cluster -- Regulating Industrialization through Public Action and Legal Intervention: Interpreting an On-going Experiment in Tamil Nadu -- Small Industry in India: Are CETPs an Appropriate Response towards Pollution Control? -- Has the Indian Tea Plantation Industry Weathered the Crisis during Reforms? -- India's Organic Guarantee&#xA0;System: Novelty or Facsimile?. 
<br/><br/> The changes following more than two decades of economic reforms and globalization of the Indian economy - at state, corporate sector, and consumer level - raise interesting questions on the ways in which the stakeholders will continue to engage on the world stage, politically, socially and economically.&#xA0; One key feature of global trade over this period has been the growing importance of not only product standards but, importantly, labor, environmental, food safety and social standards.&#xA0; Being essentially a non-tariff barrier,standards have often become critical to market access and essential to sustained competitiveness. This has a clear impact on the manner in which both global and Indian business is conducted now and in the future.&#xA0; It also underlines the need for a new area of enquiry that addresses the following questions:&#xA0; How are the Indian public and private actors - the state, domestic firms, local consumers and society - influencing and being influenced by such standards? Do standards really matter in an overwhelmingly informal production sphere, with consumers deeply segmented on the basis of a highly skewed distribution of income and with the rural population becoming further marginalized? We have limited knowledge about the challenges faced and strategies pursued by these key domestic actors, both public and private.&#xA0; How have they been able to drive these processes and what are their implications for larger concerns with inequalities and the conditions of the poor?&#xA0; How does the omnipresent informality influence compliance, encourage multiple standards and affect the chances of addressing institutional dysfunctionality?&#xA0; What role does regulation play?&#xA0; These are some of the issues dealt with in the book, which has chapters focusing on aspects of specific sectors such as microfinance, pharmaceuticals, automobiles, tea trading, the role of the state and changing consumer influence. 
<br/><br/><label>ISBN: </label>9788132219941 
<br/><br/><label>Standard No.: </label>10.1007/978-81-322-1994-1  doi 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Globalization.<br/>Markets.<br/>International economics.<br/>Development economics.<br/>Regional economics.<br/>Spatial economics.<br/>Economics.<br/>Development Economics.<br/>Regional/Spatial Science.<br/>International Economics.<br/>Emerging Markets/Globalization.
<br/><br/><label>LC Class. No.: </label>HD72-88 
<br/><br/><label>Dewey Class. No.: </label>338.9