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This book discusses the role historical events played in determining the pattern of growth of Indian manufacturing. Two important historical events significantly influenced the course of Indian manufacturing from the 15th century AD. The first was the arrival of European merchants via sea route pioneered by Vasco-da-Gamma in 1498 and the other was the dawn of the Mughal Empire in 1526. The book explores how these two events provided the appropriate stimulus for the emergence of traditional flexible manufacturing in India and how they played a vital role in the pattern of growth of the Indian manufacturing: The Mughal Empire created an integrated economy of continental size whereas European trading companies expanded the commercial connectivity of the Indian economy and South East Asia. It further investigates how the circumstances created by the colonial administration, factor endowment and market conditions created the complex forms of manufacturing enterprises that India inherited at the time of independence. It is a valuable resource for students of history, economic history, business history and the history of technology.
The inability of developing countries to charter a course for technology development and deployment, independent of developed countries, leads to a continued monopoly of developed countries in the high technology sector. This reality has pushed developing countries up a ladder of technology growth, and this book discusses how India should address these challenges. It will be interesting to witness how the narrative evolves in the context of the development of several potentially disruptive technologies, and the onset of the so-called industrial revolution 4.0. This challenge may manifest itself differentially for developing and developed countries, in regards to their contrasting levels of technology development, employment scenarios, and populations, but in this text, the unique challenges of India are analyzed. The challenge of disruptive technologies is daunting for a country like India, with a large, unskilled population. India symbolizes the types of problems which many developing countries face, but also provides hope and could act as a bridge between different levels of technology development. On one hand, the countys workforce is known to be major provider of IT solutions to the developed world, and on other hand, it produces and exports cheap generic medicines to the worlds poorest countries. However, the challenge of disruptive new technologies is quite significant, and may necessitate a bold and imaginative response from its scientific establishments, STEM Higher Education system, industries, and policy makers. Policy makers may have to shed off some of their legacies and cultural mindsets to genuinely encourage innovation and attract as well as retain talent, even in the face of competition from developed countries. This book suggests that several developing countries facing similar technology or development challenges should join hands. Many of these closely interlinked issues are discussed, and the book aims to stimulate discussion between the diverse players such as those in the sciences, technology, STEM HE, Government policy making, entrepreneurship as well as and business.
Released by the Prime Minister of India, Shri Atal Bihari Vajpayee on 24th May, 2003, this book brings together 3 top-ranking independent reports that outlining a comprehensive manufacturing policy framework for India.
This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India’s growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India’s industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India’s growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.
The majority of workers in South Asia are employed in industries that rely on manual labour and craft skills. Some of these industries have existed for centuries and survived great changes in consumption and technology over the last 150 years. In earlier studies, historians of the region focused on mechanized rather than craft industries, arguing that traditional manufacturing was destroyed or devitalized during the colonial period, and that modern industry is substantially different. Exploring new material from research into five traditional industries, Tirthankar Roy s book contests these notions, demonstrating that while traditional industry did evolve during the Industrial Revolution, these transformations had a positive rather than destructive effect on manufacturing generally. In fact, the book suggests, the major industries in post-independence India were shaped by such transformations. Tirthankar Roy s book offers new and penetrating insights into India s economic and social history.
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
This book beautifully explains the thought process behind the Japanese way of productivity enhancement in the manufacturing industry. This is a practical book that aims at elucidating the readers on the true essence and concepts behind the implementation of various methods to achieve fruitful results. The authors use their experience to reveal the principles behind these methods. Readers will be surprised to discover familiar situations and obvious answers. The success of the Japanese triggers us to think of ways to combine methods, techniques and the people-centric approach to realize manufacturing excellence. The book gives an insight into the efforts that should go hand in hand with "Make in India" so that Indian manufacturing industries can become competitive and continue their journey to becoming world class companies.
Intensive study of small firms in industrial clusters and locations on how to create jobs and achieve Make in India goals.
Report prepared for the Confederation of Indian Industry.