Indian Manufacturing Industries Facing Declining Productivity and Efficiency Challenges
The study looked at how well different industries in India are doing in terms of productivity and efficiency. They used data from 61 industries over a period of 32 years. The results showed that most industries are not improving in productivity. Some industries like electrical and food are becoming less efficient. Industries that need a lot of capital are also not doing well. Overall, policies meant to improve efficiency have not had much impact, except for textiles and electrical industries.