From Silk Road to Modern Trade: Ancient Indian Commercial Networks, Guilds, and Lessons for Contemporary Entrepreneurship and Sustainability

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@article{1722995,
      author = {Sumit Rajput},
      title = {From Silk Road to Modern Trade: Ancient Indian Commercial Networks, Guilds, and Lessons for Contemporary Entrepreneurship and Sustainability},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {10},
      number = {3},
      pages = {1119-1126},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1722995.pdf},
      abstract = {Ancient India participated in extensive systems of commercial exchange that connected the subcontinent with Central Asia, the Mediterranean world, Southeast Asia, and the wider Indian Ocean. These networks were supported by merchants, artisans, guilds, ports, political authorities, and diverse systems of social and economic regulation. This article examines ancient Indian commerce through three interconnected dimensions: long-distance trade networks, guild-based organization, and the relationship between commerce and political authority. It subsequently develops a historically cautious comparison between these institutions and contemporary MSMEs, startups, cooperative enterprises, and sustainability-oriented economic practices. The article does not claim institutional continuity between ancient guilds and modern enterprises. Instead, it identifies comparable organizational principles, including collective action, specialization, apprenticeship, reputation, resource pooling, risk distribution, and network-based exchange. It also considers the relevance of ancient Indian economic thought to contemporary debates about responsible enterprise and sustainability. At the same time, concepts such as dharma and resource reverence are treated within their historical contexts rather than being presented as direct equivalents of modern sustainability frameworks. The article argues that historical study can provide conceptual resources for contemporary economic policy, provided that analogy is distinguished from historical continuity.},
      keywords = {Ancient Indian Economy, Entrepreneurship, Guilds (Śreṇī), Indian Ocean Trade, MSMEs, Silk Road, Sustainable Development},
      month = {September},
      doi = {https://doi.org/10.64388/IREV10I3-1722995}
  }