International Competitiveness and Knowledge-Based Industries in India

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In the past decade, emerging economies like China, Malaysia, Singapore, and Thailand have grown as important players in the international market for knowledge-intensive industries such as electronic hardware. India’s export basket however, continues to be dominated by low-technology goods which are highly price sensitive, low value-adding, and slow moving. The challenge for India is to strengthen the international competitiveness of knowledge-based industries, to upgrade the technology profile of her exports. This book analyses the international competitiveness of India’s exports through an empirical analysis covering a sample of more than 4000 enterprises. A detailed study of five key knowledge-based industries–electronics, pharmaceuticals, chemical, automotive, and non-electrical machinery–provides an in-depth coverage of the issue. The focus is on corporate strategies such as scale of operations, technological dynamism, multinational affiliation, and outward investments. The volume advocates a strategic approach to enhance export competitiveness of enterprises in India and outlines policy lessons for the government, industry bodies, and enterprises. It will interest policymakers, industry specialists, analysts, researchers, and students of industrial economies and development studies.

ABOUT THE AUTHOR K.J. Joseph

K.J. Joseph is Associate Fellow at the Centre for Development Studies, Thiruvananthapuram.

ABOUT THE AUTHOR Nagesh Kumar

Professor Nagesh Kumar is Director General at the Research and Information System for Developing Countries, New Delhi. From 1993 to 1998, Dr Kumar served on the faculty of the United Nations University â€“ Institute for New Technologies (UNU/INTECH), Maastricht, the Netherlands, and directed its research on FDI and technology transfers in developing countries. He has also served as a consultant to the World Bank, UNDP, UNCTAD, UNIDO, UNâ€“ESCAP, ILO, among other organizations. He graduated with a PhD in Economics from the Delhi School of Economics, University of Delhi. He received the Exim Bank of Indiaâ€™s first International Trade Research Award and a GDN medal for best research in Tokyo for 2000. He serves as the Editor of the South Asia Economic Journal. Professor Kumar has written extensively on the developmental impact of MNEs and FDI, industrial and technology development policies, WTO issues, new technologies for development and on regional economic co-operation, among other themes. His recent books include Globalization, Foreign Direct Investment and Technology Transfers: Impact on and Prospects for Developing Countries (Routledge, 1998) and Globalization and the Quality of Foreign Direct Investment (OUP, 2002).