This book provides a critical perspective on contemporary debates on industrialisation in India. It aims to study the process of industrialisation at a conceptual level and articulate and contest the evolving debates and discourses. Instituting a market led growth in India ended in a trajectory...

Manufacturing versus services: a misplaced debate -- Global production network: India and developing countries -- Financialisation in India: emerging trends in the corporate sector -- Hierarchies of capital and the architecture of value capture -- Informality: regime of accumulation and...

The emergence of space as a determinant in the functional relations linked to production and growth is a recent development in theories of industrial organization. This paper primarily reviews the contesting themes in explaining changes in relative importance of space. In reference to industrial...

This paper argues that per capita income in all states in India increased in the past four decades but in fact no sign of convergence could be visible as it was expected in the context of liberalizing markets. The paper shows that disparities in terms of income were higher within the rural areas...

Impressive growth in India in the recent past had been accompanied by rising inequality that can largely be attributed to changing factor shares in favour of profits. This paper apart from looking into factor shares such as wages, profits, rents and interests also focuses on the changing share...

This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely, the ‘upper’ ‘middle’ and ‘bottom’ classes in the rural and urban India. In contrast to what is generally held that differences in consumption of necessaries across...

The emergence of space as a determinant in the functional relations linked to production and growth is a recent development in theories of industrial organization. This paper primarily reviews the contesting themes in explaining changes in relative importance of space. In reference to industrial...

High non-wage employment persisting with high growth appears to be a paradox in capitalist development because commoditisation of labour power assuming the form of wage labour is specific to capitalism and the sole source of surplus value. This paper, drawing from various strands of Marxian...

Studies in industrial clusters largely identify the institutional failures and imperfections that prevail in the supply of indivisible inputs and collective action. This paper critically reviews a typical ‘low‐road’ cluster in Kolkata and argues that market failures due to existence of...

Garment industry worldwide is undergoing significant restructuring since the final phaseout of the Multi‐fibre Arrangement. The changes are taking place in terms of relocating production sites on the one hand and coping with the new competition on the other. In this context the paper tries to...