Abstract
Business strategists are well aware of the work of Italian statesman Machiavelli and Chinese scholar Sun Tzu. Their books are increasingly read and appreciated by researchers and managers around the world. Unfortunately, most academics and practitioners appear to have overlooked another eastern scholar of similar value who was writing in ancient India around the same time that Sun Tzu was writing in China. This article presents the wisdom of Chanakya, an ancient Indian statesman and scholar, to business executives and scholars. His book Arthashastra (The Science of Wealth) written about 2500 years ago as a treatise on political governance can contribute immensely to business competitiveness in today's world, both domestically and internationally. Understanding Chanakya's work can help Indian companies grow and succeed vis-à-vis their competitors domestically and internationally as well as Western companies interested in doing business in India.
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