in Indian manufacturing in India’s national accounts is quite reliable. There are no reasons to believe that there is a … mismeasurement of the manufacturing sector’s gross value-added growth resulting in an overestimation of India’s GDP growth rate …

Contrary to a widely held impression that the share of manufacturing in India’s GDP has stagnated for a long time, it … prevailing in 1993-94, the beginning of the post-reform era in India, the share of manufacturing has increased during the post … in India …

The post-1991 pro-market reforms in India are expected to reduce price-cost margins in industries, lower inter …