Indian Manufacturing Sector: Competitiveness at Stake

Vrajlal Sapovadia

MPRA Paper from University Library of Munich, Germany

Abstract: Productivity is a matter of survival for any business. Higher productivity is sine-qua-non for “survival and growth” of business prospects. India’s series of economic reforms since 1991 have accelerated economic growth but not productivity. India’s productivity remained low compared to global but peers as well. High productivity is good for business, consumers and economy. Higher the productivity, higher the profit, lower the price. Productivity in manufacturing sector in the last two decades remains stagnant, but nobody sincerely has bothered to measure and improve. India’s various global indices, ranking and score relevant to measure productivity, including manufacturing productivity remains poor. This paper attempts to identify role and lacuna by manufacturing sector in productivity.

Keywords: Productivity; Indian Manufacturing Sector; Entrepreneurship (search for similar items in EconPapers)
JEL-codes: A1 A11 M0 M2 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cse and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Indian Manufacturing Sector: Competitiveness at Stake (2015)
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