Tuesday, August 21, 2007

Offer special incentives to attract large manufacturers

Books 2 Byte
International Competitiveness & Knowledge-based Industries in India
Nagesh Kumar and K.J. Joseph


Since 1988, global high-technology exports have been growing at 13 per cent, which is nearly double of world merchandise exports. Yet, India’s export basket continues to be dominated by low-technology goods that are highly price-sensitive, low value-adding, and slow moving, rues International Competitiveness & Knowledge-based Industries in India edited by Nagesh Kumar and K.J. Joseph ( http://www.oup.com/).

The book, based on a study of 4,000 enterprises, has chapters on knowledge-based industries such as electronics, pharma, chemical, automotive and non-electrical machinery. While the software and IT (information technology) service sector has shown good growth in a sustained manner, “the hardware sector, both computer hardware and other electronics equipment and components, has shown a decelerating trend,” notes the chapter on electronics.

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