The Response of Visakhapatnam Business to Changing Business Environment: Some Reflections

Abstract

Industrial scenario at Visakhapatnam is dominated by public sector investment. Apart from public sector enterprises the government expenditure in departmental services provides for the major economy generating activities in the city. As a consequence, the economic and professional culture of this society demonstrates somewhat different picture than that of cities like Ahmedabad, Bombay or Calcutta. Prompted by this specific feature and also or matters of convenience our brief attempt to understand the business response to changing business environment has been confined to Visakhapatnam.