All organizations go through two types of changes: continuous and discontinuous. Continuous changes are incremental and evolutionary, and the process is slow. They are the first order changes where the new state of things have the same nature but with different features. Continuous changes may include better services, innovative products, new markets and location, and improvement in quality whereas discontinuous changes are radical and abrupt with a new state of things having a substantially different nature from the old pattern. Discontinuous changes usually involve redefining and reconstructing corporate business, organizational structure, mission, and objectives. This book is an effort to compile both kinds of changes in the context of Punjab’s economy. Punjab stands out as a symbol of hard work and entrepreneurial skills of its citizens. The phenomenal growth of agriculture, business and industry in Punjab is emulated as a role model across India. the present book places on record the achievements of Punjab’s entrepreneurs in the industrialization of India in general and that of Punjab in particular. It documents and consolidates the contribution of enterprising business groups of Punjab in placing this State on the industrial map of India. the book would prove useful for students of Management and commerce, business executives and market analysis. It will also serve as a catalyst for present and prospective entrepreneurs who will get an insight into the rough and tough world of business and industry.
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