India’s Industrial Policy and Performance: Growth, Competition and Competitiveness

This book assesses the performance of Indian industries from the perspectives of trade, investment, policy, and development incentives. It evaluates the relevance and the macro- and microeconomic impact of industrial policy on growth in different sectors of industry.

The book examines India’s key policy initiatives and economic and institutional plans through many decades and examines their short and long-term effects on industrial environment and performance. It measures India’s strategic policies and efforts to promote industrialization against similar initiatives in countries like Germany, Japan, South Korea, and Taiwan. The volume also contextualizes the performance of different sectors of industry such as automobiles, electronics and information technology, and pharmaceuticals, among others, within the larger framework of global economic scenario and competition.

This book will be of great interest to researchers and students of economics, political economy, industrial development and policy, and South Asia studies.

Nitya Nanda is Director of the Council for Social Development, a social science think tank based in New Delhi. His areas of interest include international trade, industrialization, development and environment issues. He has been a consultant for several UN organizations, including UNCTAD, UNESCAP, and UNDP, and the European Commission. He has also been a consultant for different government ministries and agencies in India and contributed to formulating policies. He has published many articles in journals and edited books, as well as pieces in magazines and newspapers. He has also authored and edited several volumes, including Expanding Frontiers of Global Trade Rules (2009), Hydro-Politics in GBM Basin (2015), and India’s Resource Security (2018).