Impact of Globalisation on SMEs in India

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Like many developing countries, India has moved towards a trajectory of trade policy liberalization and globalization. These policies have been beneficial for the country, though several issues concerning the small and medium scale (SMEs) industries have not yet been addressed. International experience suggests that the path to sustainable income growth lies in systematic upgrading, which involves process, product, functional and value chain. The ability to meet changing process and product standards is a vital need for process upgrading. Transnational corporations can help to improve the capabilities of the SMEs but there is a pervasive pressure on them to reduce their number of suppliers. This book deals with Indian SMEs in the global environment and with relevant case studies.

ABOUT THE AUTHOR Saji Kumar

Sajikumar holds an MA degree and also a PhD in Economics from the MS University of Baroda. He is working as Faculty Member at IBS Ahmedabad since October 2001. Prior to joining IBS Ahmedabad, he taught for seven academic years in the Department of Economics, MS University of Baroda and one year in the BBA Department of V R Patel College, Mehsana, affiliated to North Gujarat University. He has presented papers in many national conferences and published articles in various ICFAI magazines, published by the ICFAI University Press. His articles also got published in the refereed journal 'Finance India'. His areas of interest include Micro Economics, Macro Economics, International Trade, International Business and International Marketing.