Technological upgradation and increasing capital intensity in organised manufacturing sector in India has been championed on grounds of improving productivity, efficiency, and competitiveness. In a developing economy this is a costly proposition due to capital scarcity, and the effect of...

Small Manufacturing Enterprises (SMEs) in an overpopulated developing economy serve the dual role of job-creation and shifting the occupational structure. However, their contribution to the overall health of the economy are being questioned on grounds of low productivity and economic viability....

Technological upgrading and increases in capital intensity have been championed in the organized manufacturing sector in India on the grounds that such measures improve productivity, efficiency and competitiveness. In a developing economy, these are costly propositions. Also, the effect of...