The eighteenth century in South Asian history is a period of great dynamism and a critical phase in the historical trajectory of the subcontinent. This book focuses on the merchants and manufacturers of Gujarat, who amidst complex political developments succeeded in preserving their autonomy and freedom in the market place. By spotting economic growth in the late eighteenth century, this study rejects the constructed dualism between a seventeenth century of great progress and an eighteenth century of chaos and decline.

India, Modernity and the Great Divergence is an original and pioneering book about India’s transition towards modernity and the rise of the West. The work examines global entanglements alongside the internal dynamics of 17th to 19th century Mysore and Gujarat in comparison to other regions of Afro-Eurasia. It is an interdisciplinary survey that enriches our historical understanding of South Asia, ranging across the fascinating and intertwined worlds of modernizing rulers, wealthy merchants, curious scholars, utopian poets, industrious peasants and skilled artisans. Bringing together socio-economic and political structures, warfare, techno-scientific innovations, knowledge production and transfer of ideas, this book forces us to rethink the reasons behind the emergence of the modern world.

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.

The phenomenon of caste has probably aroused more controversy than any other aspect of Indian life and thought. Susan Bayly's cogent and sophisticated analysis explores the emergence of the ideas, experiences and practices which gave rise to the so-called 'caste society' from the pre-colonial period to the end of the twentieth century. Using an historical and anthropological approach, she frames her analysis within the context of India's dynamic economic and social order, interpreting caste not as an essence of Indian culture and civilization, but rather as a contingent and variable response to the changes that occurred in the subcontinent's political landscape through the colonial conquest. The idea of caste in relation to Western and Indian 'orientalist' thought is also explored.

In Hinterlands and Commodities: Place, Space, Time and the Political Economic Development of Asia over the Long Eighteenth Century, well-known economic and social historians examine important questions concerning temporal and spatial relationships among central places, hinterlands, commodities, and political economic developments in Asia and the Global economy over the long eighteenth century. These timely essays engage hinterlands and commodities providing novel foci on historical impacts maritime trade on political economic developments involving place, space, and time in Asia, thereby furnishing historical background for current conditions. They contribute to discourse concerning historical interactions among indigenous Asian merchant activities and European commercial counterparts. Contributors are: George Bryan Souza, Dennis O. Flynn, Marie A. Lee, Ghulam A. Nadri, Bhaswati Bhattacharya, Tsukasa Mizushima, Tomotaka Kawamura, Atushi Ota, Ryuto Shimada, and Ei Murakami.

How did the Kachchhi traders build on the Gujarat Advantage? In the eighteenth and early nineteenth centuries, during the dying days of the Mughal empire, merchants from Kachchh established a flourishing overseas trade. Building on a rich legacy of free trade in pre-modern times between the many ports of Gujarat and the Middle East, the Kachchhis dealt in pearls, dates, spices and ivory with the faraway lands of Muscat and Zanzibar. The Kachchhi merchants behaved much like today’s venture capitalists. They knew how to grow capital, seek new markets, and create them where they didn’t exist. They also had a phenomenal risk appetite. What they were able to practise was nothing less than the traits of globalization before its time. This new book in The Story of Indian Business series tells their fascinating story.

This book provides an interpretive and comprehensive account of the history of India between the eighteenth and twentieth centuries, a crucial epoch characterized by colonialism, nationalism and the emergence of the independent Indian Union. It explores significant historiographical debates concerning the period while highlighting important new issues, especially those of gender, ecology, caste, and labour. The work combines an analysis of colonial and independent India in order to underscore ideologies, policies, and processes that shaped the colonial state and continue to mould the Indian nation.