International competitiveness and knowledge - based industries in India

In the past decade, emerging economies like China, Malayasia, 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.