Globalization has intensified competition in the product market and employers apart from demanding systemic reforms in the labour laws and governance have sought to initiate changes at the workplaces to achieve flexibility which in several ways have weakened the collective institutions. Amidst these adversarial industrial relations strategies, some significant developments have been taking place doubtlessly prompted by the same globalization forces. Employers need workers cooperation in fulfilling the market demand and to bring down the unit cost of production via rise in productivity as much as workers strongly want employers to invite their representatives to the negotiating table. Trade unions need to ensure protection of labour rights and equitable distribution of value added. Hence collective bargaining and social dialogue assumes importance. The book recounts the institutional changes that have taken place in recent years in the realm of industrial relations and analyzes the institutions of dialogue such as collective bargaining and tripartism. It also deals with the significant developments taking place in the informal economy with respect to organizing of and negotiating for workers in it. This is one of the very few studies that dwells on the subject of collective bargaining and social dialogue in India. The book should be useful to academics, researchers, and students in industrial relations and labour economics and also to managers and policy makers.