Efficiency and Productivity of Indian Manufacturing Industry- A Few Case Studies

Manufacturing Industry A Few Case Studies Arun Ghosh This paper examines some efficiency parameters of the steel, cement and sugar industries in order to focus attention on the problem of efficiency in Indian manufacturing industry. This micro approach, rather than an overall macro approach, is useful in two ways: first, in highlighting the reasons for the low productivity observed in a few key or important industries, and secondly, in bringing out the absence of any direct link between invest- ment and efficiency.