Conceived of ingeniously as a compound of a standard text and reference book in its layout and make-up, "Economics of industrialization", composed in a lucid, chaste and absorbing language and produced by a university teacher who studied also in Cambridge, taught the subject in a very old university at home for over forty years and authored a score of books on economics during 1952-2003, is meant primarily for those college and university students who have industry, with reference to all-India, all-states and particular states from 1951 onwards, as the mainstay of their prescribed curriculum touching upon all its aspects, for their university examinations/nation-level or state-level competitive tests for recruitment, and secondarily for those scholars who are working on topics falling in the realm of Indian industry as well as those who are intimately connected with industry macro-or micro economically in their work-a-day life or are commissioned to reflect on its progress either in writing or orally. Incorporated in the comprehensive and in-depth treatment of the subject matter are growth and development of industrial establishments, employment, capital investment, output, net value added, accruing revenue to the public exchequer, regional shifts, bio-data of the leading industries, government policy instruments, position and problems before and after the economic reforms of 1991, and last but not the least, the abysmal decline of the state called the heart of India by Sir J. Houltem in his book having that nomenclature as its title, industry-wise, wearing in its crown an industrial company as the gem comparable only to the Kohinoor-of-India, an outstanding crucible of socio-political leadership, and having the distinction once-upon-a-time of being one of the best administered states of India. A couple of tables at the beginning of this book encapsules not only the growth of Indian industry but also its distribution in selected states, which may strike the reader as a fascinating tale.
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