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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Industrialisation for Employment and Growth in India - Lessons from Small Firm Clusters and Beyond (Hardcover)
Loot Price: R2,213
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Industrialisation for Employment and Growth in India - Lessons from Small Firm Clusters and Beyond (Hardcover)
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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.
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