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2018 | OriginalPaper | Chapter

9. Conclusion

Author : Chikayoshi Nomura

Published in: The House of Tata Meets the Second Industrial Revolution

Publisher: Springer Singapore

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Abstract

After a clear shift towards economic liberalization became apparent in national policy in the early 1980s, India started lifting its economic growth rate from the notorious 3% “Hindu growth rate” to over 6%. Domestically, this rise in per annual growth has helped improve the standard of living of over one billion people, while, globally, providing profitable market opportunities for world manufacturers and investors.

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Literature
go back to reference Panagariya, A. (2008). India: The emerging giant. New Delhi: Oxford University Press. Panagariya, A. (2008). India: The emerging giant. New Delhi: Oxford University Press.
go back to reference Rodrik, D., & Subramanian, A. (2004). From “hindu growth” to productivity surge: The mystery of the Indian growth transition. NBER Working Paper. No. 10376. Rodrik, D., & Subramanian, A. (2004). From “hindu growth” to productivity surge: The mystery of the Indian growth transition. NBER Working Paper. No. 10376.
Metadata
Title
Conclusion
Author
Chikayoshi Nomura
Copyright Year
2018
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-10-8678-6_9