Synopsis Greater competitiveness and easy access to new technology and markets--the results of economic reforms--are ingredients for accelerating growth. This volume chronicles the sequence of reforms starting from deregulating measures in the mid-1980s to the economic reforms of the 1990s and the impact these regimes had on corporate challenges and their performance in India. Looking at the private sector, the book focuses on inter-firm analysis of variations in foreign direct investment, spillovers from multinational investments, R&D and technology acquisition, growth and employment, and foreign portfolio investment. In an industry consisting of a variety of firms that differ in terms of their access to technology, knowledge, and other intangible assets, the volume assesses the impact of liberalization on productivity gaps of enterprises. One of the first to undertake an in-depth examination of productivity spillovers from MNEs during  the post-reform period, the volume will be useful to students and researchers of economics, business economics, and commerce, and to MBA students for courses on business environment and growth of business.