Contours of Value Capture: India's Neoliberal Path of Industrial Development

Description

This book provides a critical perspective on contemporary debates on industrialisation in India. It aims to study the process of industrialisation at a conceptual level and articulate and contest the evolving debates and discourses. Instituting a market led growth in India ended in a trajectory that depends heavily on profit income led and corporate driven growth. However, the performances as well as fault lines assessed in terms of industrial growth are often restricted to a discourse on shifting relative importance of agriculture, industry and services and are largely pegged on the state versus private debate. It appears that the heterogeneous space of critical perspective tends to undermine the more fundamental questions that need to be raised in relation to the larger perspective of capitalist industrialisation in India. This book addresses these questions and provides insights into the complexities of the process and growth of industrialisation as it has played out in contemporary India.

Satyaki Roy is Associate Professor at the Institute for Studies in Industrial Development. His initial research focuses on industrial clusters in India and the nature of spatial concentration of production in the context of late industrialisation. His work on industries focuses on labour intensive sectors such as garments, leather, foundries as well as developments in automobiles and surgical instruments. He has worked on various projects sponsored by the ICSSR, Planning Commission, GOI, Department of Science and Technology, GOI and intercountry comparative studies sponsored by IDRC, Canada and IDE, Japan. Besides his continued interest on industrialisation and regional development he has worked and published extensively on diverse issues related to labour and employment, structural change in India and the emerging trends in the manufacturing sector; growth and human development in India and political economy of informality. His current areas of interest include global production network, its implications on the process of industrialisation in developing countries and the emerging nature of global hegemony in the context of globalisation.