💨 Abstract
Indian manufacturing firms are increasingly opting for a multi-plant strategy instead of scaling up a single plant, according to a new study. This shift has led to a loss of scale efficiencies, making India less competitive in labor-intensive sectors like apparel compared to smaller economies like Bangladesh. The study, published by the Madras Institute of Development Studies, found that the share of multi-plant firms in India's manufacturing sector has grown significantly over the past two decades.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Rajnath inaugurates memorial in Sikkim dedicated to 22 soldiers who died in flash floods
CPI(M) criticises over delay in Central assistance to landslide-hit Wayanad
MP mega drug haul: Accused shoots himself in foot, surrenders in Mandsaur
Haryana polls: Cong submits more complaints to EC on 'discrepancies' in EVMs
Shinde faction MLA courts controversy with remarks against Shiv Sena (UBT) woman leader
"The experience was surreal..." Olympic medalist Manu Bhaker on walking ramp at Lakme Fashion Week x FDCI 2024
4th Youth Ideathon 2024 concludes with grand showcase of top 100 teen innovators at IIT Delhi
India-France: Ãcole Polytechnique signs agreements with two IITs
Oil on track for weekly climb on potential Mideast supply disruption
RG Kar: Hospitalised junior doctor critical but stable, condition of other medics deteriorating
Powered by MessengerX.io