Babu, M. Suresh
Recent manufacturing growth in INDIA: Size and Sectoral patterns - Economic & Political Weekly - 61(16), Apr 18, 2026: p.47-52
This recent patterns of industrial transformation are examined through the distribution of establishments by size, value added, sectoral growth, and price-cost margins. The evidence points to an increasing concentration of output and value added among larger, more capital-intensive establishments, alongside the continued employment significance of smaller units, suggesting an incomplete process of structural reallocation. Sectoral expansion appears to be driven primarily by capital- and technology-intensive industries, while labour-intensive segments exhibit slower growth and relatively tighter margins. Variations in price-cost margins indicate uneven value capture across industries, reflecting differences in scale, capabilities, and market structure. Overall, the findings point to selective diversification and consolidation, even as segmentation within the manufacturing system persists.-Reproduced
https://www.epw.in/journal/2026/16/indias-industrial-transformation/recent-manufacturing-growth-india.html
Recent manufacturing growth in INDIA: Size and Sectoral patterns - Economic & Political Weekly - 61(16), Apr 18, 2026: p.47-52
This recent patterns of industrial transformation are examined through the distribution of establishments by size, value added, sectoral growth, and price-cost margins. The evidence points to an increasing concentration of output and value added among larger, more capital-intensive establishments, alongside the continued employment significance of smaller units, suggesting an incomplete process of structural reallocation. Sectoral expansion appears to be driven primarily by capital- and technology-intensive industries, while labour-intensive segments exhibit slower growth and relatively tighter margins. Variations in price-cost margins indicate uneven value capture across industries, reflecting differences in scale, capabilities, and market structure. Overall, the findings point to selective diversification and consolidation, even as segmentation within the manufacturing system persists.-Reproduced
https://www.epw.in/journal/2026/16/indias-industrial-transformation/recent-manufacturing-growth-india.html