This is the first comprehensive study of trading relations between India and the Soviet Union and the transfer of technology from the latter to the former country. Santosh Mehrotra begins by outlining Indian economic strategy since the 1950s and the place of Soviet and East European technical assistance within this. He considers Soviet economic interests in LDCs in general and India in particular and discusses the special geopolitical relationship between India and the Soviet Union. He goes on to examine Soviet technological transfer to India since 1955 and analyzes legal contracts, markets, labor and managerial skills, technical adaptation and the provision of "follow up" facilities by providing illuminating and detailed case studies of particular industries. In the final chapters, the author considers Indo-Soviet trade in the 1970s and 1980s, covering payment arrangements and bilateral trading and compares the terms of the relationship with India's trade relations with the rest of the world.
Business-Money, Economics, Development-Growth,