Overview

India has seen phenomenal economic growth in recent years and, along with China, is considered one of the fastest-growing economies worldwide. In part, this growth is due to new developments inmodern sectors such asinformation technology, electronics and banking, but India has also seen growth intraditional industry sectors, such astextiles and leather. Key to analysing India's growth is an understanding of efficiency and of the characteristics of the knowledge economy - these elements are crucial when looking at the evolution and future ofthe Indian economy and of industry in India. Providing a detailed examination ofIndia's growth with reference tomodern growth theory, andapplyingboth econometric and linear programming techniques to evaluate productive efficiency, this book focuses on recent developments in both modern and traditional industry sectors, and alsocompares India's experience with that of China and other emerging economies in south-east Asia. This comprehensive exploration of India's economic and industrial growth is an essential companion for all interested in the efficiency, growth and productivity in the new Indian economy.

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9781282260238

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