Efficiency of Growth Drivers : An Analysis of Select Indian Industries

This book covers three main areas, namely the pharmaceuticals industry, the telecommunications sector and the banking sector, with a focus on manufacturing and service. It includes a brief analysis of all three, particularly in the context of their evolution, current status, cost efficiency, and growth projections. The Indian pharmaceuticals market is the third-largest in the world in terms of volume and thirteenth-largest in terms of value; further, India is the world’s largest provider of generic drugs. India is currently the second-largest telecommunications market and has the third-highest number of internet users in the world. At the same time, the deregulation of foreign direct investment (FDI) norms has made banking one of the fastest-growing sectors and a top-five employment opportunity generator in the country. Further, the efficiency and profitability of India’s banking sector has assumed prime importance due to intense competition, customer demands and bank reforms. The book gauges the relative performance of the Indian banks based on certain key parameters. It then concisely presents the efficiency results, vividly portraying the industry’s current status and serving as a ready reference that will be valuable to students, academics and industry experts alike. 

Susmita Chatterjee is currently an Assistant Professor of Economics and Head of the Department at the Maharaja Manindra Chandra College, Kolkata and a Visiting Professor at the Department of Commerce. She graduated from Lady Brabourne College and completed her M.Sc. in Economics at Calcutta University through Presidency College, and later received her M.Phil. from Calcutta University. She completed her Ph.D. dissertation at the Department of Economics, Calcutta University, prior to pursuing postdoctoral research at the Indian Institute of  Management Calcutta. She has published a number of papers, book chapters and a book. Her research interests include  Industrial Organisation, Applied Microeconomics, Applied Development Economics. 

Bhaskar Bagchi is an Associate Professor at the Department of Commerce, Alipurduar College and has over 15 years of teaching and research experience. He was the coordinator of the postgraduate Department of Commerce at CoochbeharPanchanan Barma University for more than 2 years. He has been a member of the UG Board of studies at North Bengal University since 2012. He has authored 32 national and international publications and 2 books. His chief areas of interest are capital markets and corporate finance. 

Dhruba Ranjan Dandapat is a Professor of Commerce at Calcutta University and is currently serving as the Dean of the Faculty of Commerce, Social Welfare and Business Management. He is a former Director of the Calcutta University-Calcutta Stock Exchange Center for Excellence in Financial Markets (CU-CSE, CEFM). He has teaching and research experience spanning more than 3 decades, and has authored numerous papers in the areas of financial management, capital markets and corporate finance.