Industrialisation for Employment and Growth in India

Industrialisation for Employment and Growth in India
Author: R. Nagaraj
Publisher: Cambridge University Press
Total Pages: 305
Release: 2021-10-07
Genre: Business & Economics
ISBN: 1108832334

Intensive study of small firms in industrial clusters and locations on how to create jobs and achieve Make in India goals.

Industrialisation for Employment and Growth in India

Industrialisation for Employment and Growth in India
Author: R. Nagaraj
Publisher: Cambridge University Press
Total Pages: 306
Release: 2021-10-07
Genre: Business & Economics
ISBN: 100903233X

India initiated liberal economic reforms in 1991 to transform a slow-growing, state-led economy into an open, export-oriented industrialising economy. Though economic growth has accelerated, industrialisation has suffered from the manufacturing sector's share and labour intensive sectors failing to improve in India's exports. The government launched the Make in India initiative in 2015 aimed at raising the manufacturing sector's share in GDP to 25 percent, and to create an additional 100 million jobs by 2022. Though official estimates show an optimistic image of small scale industries, they do not explain why India failed to boost industrial production as expected of the reforms. Why did they fail to keep the domestic market, let alone expand exports? What would it take to meet the ambitious policy goals of the initiative? This book attempts to address these questions. It looks at a series of case studies of the small industry to obtain an in-depth understanding of specific industries and locations to draw meaningful conclusions.

Political Economy of Contemporary India

Political Economy of Contemporary India
Author: R. Nagaraj
Publisher: Cambridge University Press
Total Pages: 384
Release: 2017-04-04
Genre: Business & Economics
ISBN: 1107164958

""Deals with the issues at the intersecting domains of economics and politics"--Provided by publisher"--

Paths to the Emerging State in Asia and Africa

Paths to the Emerging State in Asia and Africa
Author: Keijiro Otsuka
Publisher: Springer
Total Pages: 305
Release: 2019-01-16
Genre: Business & Economics
ISBN: 9811331316

This book is open access under a CC BY-NC-ND license. This book addresses the issue of how a country, which was incorporated into the world economy as a periphery, could make a transition to the emerging state, capable of undertaking the task of economic development and industrialization. It offers historical and contemporary case studies of transition, as well as the international background under which such a transition was successfully made (or delayed), by combining the approaches of economic history and development economics. Its aim is to identify relevant historical contexts, that is, the ‘initial conditions’ and internal and external forces which governed the transition. It also aims to understand what current low-income developing countries require for their transition. Three economic driving forces for the transition are identified. They are: (1) labor-intensive industrialization, which offers ample employment opportunities for labor force; (2) international trade, which facilitates efficient international division of labor; and (3) agricultural development, which improves food security by increasing supply of staple foods. The book presents a bold account of each driver for the transition.

Indian Industrial Clusters

Indian Industrial Clusters
Author: Keshab Das
Publisher: Routledge
Total Pages: 229
Release: 2017-05-15
Genre: Business & Economics
ISBN: 1351928031

This book presents an in-depth analysis of the functional dynamics of Indian industrial clusters which have grown and stayed as hubs of business activity in India, thanks to a large calibrated domestic market for goods. The examples given contribute towards the understanding of theoretical underpinnings of small firm clusters in LDCs and also indicate steps towards effective policy making for SME development in general, and local economic regeneration in LDCs in particular. The industries studied include modern as well as traditional/artisanal sectors which span at least ten Indian states. They provide insights into informality, labour, inter-firm relationship (cooperation and competition), technological and organisational flexibility, and forms of supportive institutional arrangements and nature of linkages with agencies external to the cluster, among other things. This book will be of particular interest to SME practitioners and to students and researchers of economics, business management, regional development, economic geography, industrial sociology and industrial organisation.

A Business History of India

A Business History of India
Author: Tirthankar Roy
Publisher: Cambridge University Press
Total Pages: 314
Release: 2018-04-05
Genre: History
ISBN: 1316953262

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.

The Fourth Industrial Revolution

The Fourth Industrial Revolution
Author: Klaus Schwab
Publisher: Crown Currency
Total Pages: 194
Release: 2017-01-03
Genre: Business & Economics
ISBN: 1524758876

World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolu­tion, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wear­able sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manu­facturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individu­als. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frame­works that advance progress.

Industralization of China and India

Industralization of China and India
Author: Nobuharu Yokokawa
Publisher: Routledge
Total Pages: 240
Release: 2013-04-12
Genre: Business & Economics
ISBN: 113409387X

This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies. The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of international finance in affecting both national and international growth and employment patterns; the factors determining particular accumulation strategies and the results of these strategies. These forces within the two economies of China and India are situated within a broader assessment of the impacts on the world economy, by identifying long run tendencies in international capitalism and changing patterns of uneven development. Specific issues emerging within the Asian region are identified, including not just the relations between the three large Asian economies, but also the wider geopolitical implications as well as the political economy of these changes. This book therefore provides a more comprehensive examination of the longer run dynamics of the global capitalist system in which these economies are necessarily destined to play more significant roles in future.

Indian Women in a Changing Industrial Scenario

Indian Women in a Changing Industrial Scenario
Author: Nirmala Banerjee
Publisher: SAGE Publications Pvt. Limited
Total Pages: 330
Release: 1991-01-31
Genre: Business & Economics
ISBN:

A study of the regional differences in patterns of women's employment, this book provides an account of the sexual division of labour in India, the position of capitalist industry, the attitude of trade unions and male co-workers towards women and earnings discrepancies.

The Oxford Handbook of Industrial Policy

The Oxford Handbook of Industrial Policy
Author: Arkebe Oqubay
Publisher: Oxford University Press, USA
Total Pages: 981
Release: 2020-10-19
Genre: Business & Economics
ISBN: 0198862423

Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. It has also been one of the most contested perspectives, reflecting ideologically inflected debates and shifts in prevailing ideas. There has lately been a renewed interest in industrial policy in academic circles and international policy dialogues, prompted by the weak outcomes of policies pursued by many developing countries under the direction of the Washington Consensus (and its descendants), the slow economic recovery of many advanced economies after the 2008 global financial crisis, and mounting anxieties about the national consequences of globalization. The Oxford Handbook of Industrial Policy presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy. The Handbook also presents analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, and political economy. By combining historical and theoretical perspectives, and integrating conceptual issues with empirical evidence drawn from advanced, emerging, and developing countries, The Handbook offers valuable lessons and policy insights to policymakers, practitioners and researchers on developing productive transformation, technological capabilities, and international competitiveness. It addresses pressing issues including climate change, the gendered dimensions of industrial policy, global governance, and technical change. Written by leading international thinkers on the subject, the volume pulls together different perspectives and schools of thought from neo-classical to structuralist development economists to discuss and highlight the adaptation of industrial policy in an ever-changing socio-economic and political landscape.