chapter  7
Conclusions and policy implications
Pages 5

A country can achieve a standard of living that is both rising and sustainable if it is able to produce goods and services that meet the test of international competitiveness. Using India as a case study, in this book we have made an attempt to analyse the evolution of competitiveness of the manufacturing sector, both at the aggregate level and various levels of disaggregation. In addition, we have also identified the factors that affect competitiveness at various levels. The Indian case is particularly relevant from a developing-country viewpoint given the complexity of controls that prevailed in the economy for about four decades and the large changes in policy that have taken place in the 1990s.