The book explores, for India and other developing countries, the potential role the organized manufacturing sector … countries like India is instrumental to employment creation. Though innovation is generally assumed to be capital-intensive in …

manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …