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Prof. Valentina Chernovskaja is Orientalist, Doctor of History, Professor at International Institute of Economy and Law, Yaroslavl, Russia. Educated at Yaroslavl and Moscow Universities she has played a pioneering role in promoting the study of Indian entrepreneurship for almost two decades. She is the author of two books and a large number of papers published in national professional journals and abroad.

SUSMITA BHATTACHARYA is a Research Fellow in the Russian Language Programme of Maulana Abul Kalam Azad Institute of Asian Studies, Kolkata.

Maulana Abul Kalam Azad
Institute of Asian Studies
567- Diamond Harbour Road
Behala, Kolkata - 700 034.
Phone : +91-33-2468 1396
Fax : +91-33-2468 4634
Email :

"...Prof. Chernovskaya, a historian by training, takes a long term view of Indian entrepreneurship and discusses the business exploits of prominent industrialists from the beginning … to the end of the 20th century. Her account of the rise of a new generation of entrepreneurs in the post-independence era provides a useful frame of reference to understand the differences that freedom brought about in the nature of Indian entrepreneurship. The discussion on informal mechanism adopted by the Indian business class to influence governmental decisions in free India is particularly relevant in today's context. Scholars dealing with corporate entrepreneurship normally do not give much attention to small-scale industries. Prof. Chernovskaya has devoted a full chapter to it.

...The fact is that I have learnt a great deal from her work."

Prof. Dwijendra Tripathi (Retd.)
IIM, Ahemdabad


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