Preface -- Foreword by Strobe Talbott -- The road to the 1991 industrial policy reforms and beyond : a personalized narrative from the trenches / Rakesh Mohan -- India's 1991 reforms : a retrospective overview / Montek Singh Ahluwalia -- Remembering 1991...and before / Omkar Goswami -- The political economy of reforms : the art of the possible / T. N. Ninan -- India's entry into the global economy / Martin Wolf -- Trade-policy reform in India since 1991 / Harsha Vardhana Singh -- Foreign policy in the wake of economic reforms : new options and friends / Shivshankar Menon -- Navigating the post -Cold War landscape : India's rise in a contested geopolitical space / Shyam Saran -- Security and sovereignty in an open economy : new thinking after 1991 / Sanjaya Baru -- India's governance challenges : why institutions matter / Sarwar Lateef -- Changing colours of government-business relations / Tarun Das -- Union-state relations and reforms / Y. Venugopal Reddy -- Energizing the states / Laveesh Bhandari -- 25 years of policy tinkering in agriculture / Ashok Gulati, Shweta Saini -- Indian manufacturing industry : on the path to global leadership / Baba Kalyani -- Political economy of petroleum sector deregulation / Vikram Singh Mehta -- India evolving : infrastructure since 1991 / Jessica Seddon, N. K. Singh -- Infrastructure : hopefully a renewed opportunity for the private sector / Vinayak Chatterjee -- Liberalization sans liberalism : the control raj and the perils of ideology and rents in higher education / Devesh Kapur -- Health care in India : a fork in the road / Nachiket Mor, Diva Shar, Sandhya Venkateswaran -- Reforms and the transformation of the monetary and banking sectors / C. Rangarajan -- Liberalizing Indian capital markets : highly successful reforms and an unfinished agenda / Jaimini Bhagwati -- Institution-building in the financial sector : the HDFC experience / Deepak Parekh -- Changes and challenges : corporate India since 1991 / Omkar Goswami -- Animal spirits : stray thoughts on the nature of entrepreneurship in India's business families after liberalization / Gita Piramal -- India's national innovation system : transformed or half-formed? / Naushad Forbes -- Consumer India's journey from zero to hero / Rama Bijapurkar -- Building a global-scale corporate in India / Mukesh D. Ambani -- Rise of the new entrepreneurial classes and the emergence of a high-growth economy / Sunil Bharti Mittal -- Liberalization and a tale of two companies : open the cage and let the birds fly / R. Gopalakrishnan -- 25 years of reform that led India's pharmaceutical and biotech industries towards global leadership / Kiran Mazumdar-Shaw -- The impact of the 1991 economic reforms on Indian businesses / Narayana Murthy;In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country's economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it. -- Provided by publisher.