A Summary of Indian State-owned Enterprises Operation Against the Background of Comprehensive Reform

The development of modern state-owned enterprises in India has gone through 60 years, and the state-owned institutional mechanism has also slowly transitioned from the context of the "socialist economy of the Nehru era" to the context of comprehensive reform in the Rao era. Due to the special environment existing in the transformation of Indian state-owned enterprises, the operating system of modern and contemporary state-owned enterprises in India is different from other countries. This paper aims to make the readers realize that the focus of state-owned enterprise reform is the institutional mechanism by elaborating the characteristics and problems that have emerged since the reform of the state-owned enterprise in India in 1991. Therefore, the paper will focus on the three mechanism of equity, technological innovation and talents, and market competition that affect the performance of Indian state-owned enterprises to make relevant description. Through the review of this paper, the overall direction of India's future state-owned enterprise reform is obtained. At the same time, through the analysis of this paper, it can also provide a realistic reference for the relevant state-owned enterprises in China, a developing country also facing the reform problems of state-owned enterprises.