The Indian phenomenon is happening fast. While economics changed the spectrum of the country after liberalisation and boosted growth and competition, it was a change in Indian politics that changed Indian economics, leading to what can be called the Indian phenomenon. This was the focus on the second day of Confluence ’09 at the Indian Institute of Management, Ahmedabad (IIMA).?After liberalisation, we (the industry) thought we may lose our jobs during the recession; but we survived. Ma…