Skip to main content

The Old Merchant Communities

  • Chapter
India’s New Capitalists

Abstract

Mandi House in Lutyens’ Delhi is a converging point for dilettante artists, amorous poets, budding musicians, and radical playwrights: understandable, as the area is home to institutions like the National School of Drama, Kathak Kendra, Shri Ram Centre for Art and Culture, Sahitya Akademi, Sangeet Natak Akademi, and Triveni Kala Sangam. In this very high culture zone, standing out like clear soup in a grand Mughal banquet, is Federation House. Headquarters of the Federation of Indian Chambers of Commerce and Industry (FICCI), this sombre and stolid four-storeyed building epitomizes the country’s old business establishment. As one ascends its narrow, neatly-tiled stairs leading to its offices and conference halls, there are black-and-white pictures of FICCI’s presidents from 1927 onwards, down to the most recent incumbent. Their profile says it all: four out of every five are from traditional merchant communities.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Authors

Copyright information

© 2008 Harish Damodaran

About this chapter

Cite this chapter

Damodaran, H. (2008). The Old Merchant Communities. In: India’s New Capitalists. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594128_2

Download citation

Publish with us

Policies and ethics