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The scheduled tribes owned only 3.7% of non-farm enterprises despite being 7.7% of the population.
BBC: Caste and entrepreneurship in India
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Based on the surnames - which usually give away caste affiliation - of the members of these company boards, the intrepid researchers classified them into Forward Castes, Other Backward Classes (OBCs), Scheduled Castes and Tribes and foreign directors.
BBC: Why Indian boardrooms have no diversity
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Delving into the relationship between caste and entrepreneurship, the researchers have found that scheduled castes and tribes, the most disadvantaged groups in Hinduism's hierarchy, owned very little businesses despite a decade of sprightly economic growth and a long history of affirmative action.
BBC: Caste and entrepreneurship in India