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Unorganised Manufacturing Industry in the Era of Globalization: A Study of Punjab

Author

Listed:
  • Singh, Lakhwinder
  • Jain, Varinder

Abstract

The recent developments in the theory of industrial organisation have underlined the importance of small scale industry. Small industry can be equally competitive in the fast changing global economy provided it exploits economies of scale and scope while locating itself in clusters along with making technological progress endogenous. This study situates Punjab’s small scale industry in the context of recent developments both in theory and practice This study by utilising the NSSO data for the period 1994-95 to 2000-01 points out that Punjab’s unorganised industry has emerged distinctly among its counterparts in other major Indian states by recording sufficiently high growth in employment, relatively high usage of capital and labour productivity etc. It along with exploring the structure of Punjab’s unorganised industry has also identified major problems faced by it. Policy issues have been raised to draw the attention of the policy makers towards small industry so that it can become competitive in the fast globalising industrial economy.

Suggested Citation

  • Singh, Lakhwinder & Jain, Varinder, 2006. "Unorganised Manufacturing Industry in the Era of Globalization: A Study of Punjab," MPRA Paper 197, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:197
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    References listed on IDEAS

    as
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    4. Singh, Lakhwinder, 2004. "Technological Progress, Structural Change and Productivity Growth in Manufacturing Sector of South Korea," MPRA Paper 99, University Library of Munich, Germany.
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    6. Mukherjee, Dipa, 2004. "Informal Manufacturing Sector in India: Pre and Post Reform Growth Dynamics," MPRA Paper 4866, University Library of Munich, Germany.
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    Cited by:

    1. Satinder Singh & Jatinder Singh, 2022. "Employment Scenario in Indian Punjab: Some Disquieting Features," Journal of Development Policy and Practice, , vol. 7(2), pages 158-179, July.

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    Keywords

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    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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