ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Efficiency and Market Demand

As the Indian economy is opened to entry of foreign firms, the question of Indian firms' competitiveness becomes important. This article examines the importance of firm-specific factors to competitiveness and the parameters for assessing competitive advantage. A comparison of performances of Indian and foreign private sector firms operating in India shows that foreign firms are more efficient, especially in resource use.

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