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The study of the evolution is not merely fascinating in itself but is also a useful preparation for the managerial career.Unfortunately the typical Indian manager trained in science engineering or commerce has never been introduced to the value of history as a doorway to the present. This paper brings forward the Indian business scenario in past the phases of growthand development of trade and commerce and the contribution of India to the world of business.

Keywords

Indian Business, Ancient Period, Medieval Period, Modern Period.
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