This presentation lists all the historic events which made a drastic and an Impactful change in the Indian Economy. Hope this would serve as a quick reference presentation to get an idea of the historic events.

2.  India’s Darkest Period of June 25, 1975
 Prime Minister Indira Gandhi unilaterally
declared a state of emergency in India.
 This adversely affected India’s Press and the
Constitution.

3.  Industry Minister George Fernandes,
in 1978 gave a speech at luncheon
meeting at industry chamber FICCI
told to break the law and produce
more than what their licenses
allowed.
 This was the first time that Indian
Industry had publicly raised its voice
to seek freedom from the controls of
a closed economy.

4.  Dec 14, 1983 ; witnessed the introduction of
cars in India with the rolling out of First
Maruti 800; a 796 cc hatchback.
 Suzuki motor’s President Osamu Suzuki
rolled out there first model that very year.

5.  In 1991, when Finance Minister,
Manmohan Singh presented the
union budget, then India saw a revamp
of the fiscal policy.
 This hailed for heralding economic
reforms in India.

6.  Ratan Tata was made the chairman of the
Tata Sons in Jan.1992.
 Under his leadership Tata reached the
pinnacle of success.
 After illustrious 20 years the baton was
passed over to Cyrus Mistry, but Mr. Tata
continues to be the emeritus chairman.

7.  Sunil Mittal launched Bharti Cellular’s
Mobile Services under the Brand
Airtel,in Delhi in 1995.
 This evolved a mobile communication
network of India.

8.  This dream budget was prepared by Finance
Minister, P. Chidambaram.
 Reduced the rate for personal income tax
from 40% to 30%.
 Cap on Foreign institutional investments
were raised.
 Lowered corporation tax rates by removing
surcharge and cutting royalty rates.

9.  The Tata’s took over Jaguar , which was
an epic deal in Mumbai in 2008.
 The Jaguar -Landrover deal was the
biggest deal which changed the auto-
industry’s view towards consumer
preferences.

10.  With a massive
Mandate , Mr.
Narendra Modi, was
elected as the Prime
Minister of India.
 This eventually
brought a change in
the Indian
Economy, by several
policies.