Exchange rate volatility has been identified as one of the drivers of export diversification. Previous studies have assumed a symmetric relationship between the two variables. However, because volatility could be positive or negative and economic agents react to these changes differently, recent...

The existing potential of SMEs remains untapped in most developing countries, including India. In India, most SMEs have a lower share of foreign goods and services to produce exports than larger firms. Moreover, dependent SMEs also have greater integration in terms of imports than independent...

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particularly MNCs, and the extent to they have contributed to the development of the Indian automobile...

To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of purchasing a more fuel-efficient vehicle and compare it to the benefit of lower fuel costs over the life of the vehicle. We use hedonic price functions for four market segments (petrol...

Firms operating with foreign collaborations (FCA units) have been facing a high degree of dependence on the parent MNEs (Multi-national Enterprises) compared to their local counterparts (Non-FAC units) owing to reasons like larger imports of raw materials, machinery, equipments and spares by...

Business Aviation, a sunrise sector in India is expected to make its presence felt in times to come. Factors which would lead to its growth and pave the way for success are unknown. Author has used the qualitative research approach to answer this intriguing question. Using an initial conceptual...

This article discusses the role of regional aviation in economic development of India. It stresses the importance of governmental initiative in building airport infrastructure at regional level for inclusive growth. Economic opportunities as result of such development are best left to private...

The Automobile sector is an important pillar of the Indian Economy. Being a major contributor to GDP, and a big job creator facing a slowdown, the crisis in the Indian automobile sector has far-fetching consequences. This research study examines the reason leading to the decline in automobile...