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Entrepreneurship has been traditionally concentrated in the hands of a few small communities in most developing economies. As these economies restructure, it is evident that these communities will be unable to satisfy the increased demand for new entrepreneurs. The analysis in this paper...
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The Indian diamond industry witnessed a severe recession in the year 2008. The industry is already showing signs of recovery in 2009 led by its large-sized firms. This case presents facts from a study conducted in a large-sized Indian diamond processing firm which has existed for the last 40...
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The Indian diamond industry thrives in the atmosphere of secrecy and informality that envelops the diamond trade and has for long been labeled as an unorganized sector of the economy. However, it resembles a close-knit community composed of thousands of small, medium and large sized CPD ( cut...
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Today, 95 percent of diamonds set in jewellery worldwide are cult and polished in India, and surprisingly, in a so-called in-organized industry supported by more than a million artisans, workers and entrepreneurs with minimal formal education. Further, it is noteworthy that the global hub of...
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This article analyzes the current state of the potential for the further development of mutually beneficial cooperation between Russia, the world leader in diamond mining, and India - the largest producer of processed diamonds and Dubai, the world's largest diamond trading center
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The challenges that are faced during a start-up are due to lack of Culture and Awareness in start-up plan people do not have enough strategy to start-up. Some social issues faced due lack of guidance/mentorship. Indian markets are largely unorganized that create difficulties for start-up to...
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