By Anna Kitanaka -- J@pan Inc’s column concerning business conditions in an emerging market -- As the opposition to British rule in India mounted at the turn of the 20th century, the populace (second-largest in the world) began to push for self-rule and total independence. The outcome was a closely guarded society, eager to administer the deathblow to colonialism by cutting off inroads for foreign investment in the country. Nevertheless, following WWII, India pursued capitalist economic policies, flanked by some of the oldest financial institutions in Asia, such as the Bombay Stock Exchange, founded in 1875. Becoming one of the hotspots for foreign soul-seeking tourists during the hippy era, India remained firmly on the map as a cheap tourist destination.