The industrial entrepreneurship of the Marwaris rose to its peak after Independence. The Monopoly Inquiry Commission constituted in 1965 prepared a list of one hundred and forty-seven large industries which controlled the vital fields of production in India. It is believed that at one time nearly sixty per cent of industry in India was in the hands of the Marwaris. Their control over industry was more widespread geographically than that of their Gujarati counterparts.
Even today, the community bags many national and international awards annually for quality goods, innovative products, customer satisfaction, corporate social responsibility, and the like. By maximising exports, they have outdistanced other industrialists in earning foreign exchange. These trailblazing entrepreneurs have now turned their attention to the international market. They have not only explored markets of developed countries like the US, Japan, Australia, Britain and Germany but are playing an important role in the economic development of Kenya, Uganda, Afghanistan, Indonesia and Tanzania. Governments of various countries frequently invite them to assist and participate in enhancing their national economic development and growth.
Below: Chandni Chowk was the principal seat of business. North Indian businessmen conducted their operations from small shops. Even today, Chandni Chowk continues to be a hub of business and remains one of India’s largest wholesale markets.