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Lakshmi Machine Works and Sectoral System of Innovation in India s Spinning Machinery Manufacturing Sector

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  • Sanjaya Kumar Malik

    (Institute for Studies in Industrial Development, New Delhi)

Abstract

This paper examines the technological change in India’s spinning machinery manufacturing sector. This is accomplished by employing the sectoral system of innovation framework that identifies three important building blocks technological regimes, demand regimes and the lead actor in the spinning machinery manufacturing sector. The paper underscores that Lakshmi machine works limited (LMW) the leading producer of spinning machinery explains most of innovations occurred in the spinning machinery manufacturing sector of the country. The favourable demand conditions and the access to external knowledge base through the long term international collaborations are very crucial complements to the innovation accomplishment by the leading actor. Nevertheless, because of the imports of advanced spinning machineries and the second hand spinning machineries in particular, the technological success of the sector is restricted to the conventional spinning machinery, i.e., ring spinning machinery, not to the advanced spinning machineries (rotor and airjet spinning)

Suggested Citation

  • Sanjaya Kumar Malik, 2018. "Lakshmi Machine Works and Sectoral System of Innovation in India s Spinning Machinery Manufacturing Sector," Working Papers 204, Institute for Studies in Industrial Development (ISID).
    • Handle: RePEc:sid:wpaper:204
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