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India's manufacturing success depends on making its firms bigger

All Things Policy

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The Role of Firm Size in Productivity

I think it'll have to be a balance between business-friendly policies, but at the same time, take into account, work a welfare as well. Firm size and it's a direct linkage with productivity. If you do improve, if worker productivity goes up on account of being in larger firms, then what would happen is that these large firms become more competitive. Because they become competitive, can actually grow even further and more such firms, and there's more growth and more growth, you would have greater employment.

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