Special Issue on: "Indian Economic Transformation through Manufacturing Sector and Start-ups"
Dr. Manish Madan, International Association of Research and Development Organization, India
Dr. Ajay Kumar Singh, University of Delhi, India
Dr. Vibhash Kumar Singh, Ramanujan College, India
Ms Ankita Popli, International Association of Research and Development Organization, India
Indian Economy has been undergoing massive transformation in recent times. India has now become the fastest growing major economy in the world, overtaking China. Service sector has been the flag bearer of the Indian growth story, whereas, the agriculture sector has shown modest growth. After, two continuous years of drought, we had good monsoon in 2016. This has heightened expectations of a strong rural income and demand. The Goods and Services Tax (GST) bill which was recently passed by both houses and is likely to be enforced in July 2017. It is expected to add further 1-2% to GDP growth rate. Indian National Rupee (INR) has been relatively stable vis-à-vis other global currencies. Our foreign exchange reserves recently touched record high levels. But on the flip side, export has been declining continuously for past several quarters, mainly due to slowdown in global demand and low commodity prices. Growth in our industrial production has also been either very low or even negative for some crucial sectors such as capital goods. This had spill over effect on the balance sheets of several banks in form of higher NPAs. Also, the proposition of "Jobless Growth" is gaining ground with marginal growth in employment, particularly in the organised sector. "Automation" and "Artificial Intelligence" is expected to replace lakhs of low and middle levels jobs in Corporate India over the next few years, while adding comparatively lesser jobs in return. India will soon have the largest young workforce in the world. If adequately skilled and groomed for contemporary challenges and complexities, they will prove to be the "Demographic Dividend" and biggest strength for our economy.
Robust policy framework, good governance, and active Government support is essential for achieving and sustaining a high level economic growth which is also inclusive. Thus, to rejuvenate the slowing industrial/manufacturing sector, address growing criticism of "Jobless Growth", boost employment, create a start-up ecosystem and sustain the rapid pace of economic growth, the Government of India has in recent past come up with a few significant policy majors such as Make in India and Start-up India.
Suitable topics include, but are not limited, to the following:
- Robust Domestic Manufacturing Sector Start-ups Ecosystem
- Regulatory & Policy Reforms in different sectors to improve Domestic Manufacturing
- Make in India and the Rural Economy
- Comparison of Response to Make in India Campaign in Different Sectors
- Ease of Doing Business, GST and Make in India
- Foreign Direct Investments (FDI) and Make in India
- Infrastructural Up gradation and Deficiencies
- Problems such as Land Acquisitions, Environmental Clearances & Labour Laws
- Start-ups Ecosystem
- Regulatory & Policy Initiatives to encourage & facilitate Start-Ups
- Funding of Start-ups: Issues, Challenges, and Opportunities
- Role of Incubators, Venture Capitalists and Engel Investors
- Start-ups in Rural India
- Start-ups in Service Sector
- Start-ups in Agriculture and Manufacturing Sectors
- Academia- Industry Partnership for Incubating Start-ups
- Technological Advancements, Research Developments and Start-ups
Notes for Prospective Authors
Submitted papers should not have been previously published nor be currently under consideration for publication elsewhere. (N.B. Conference papers may only be submitted if the paper has been completely re-written and if appropriate written permissions have been obtained from any copyright holders of the original paper).
All papers are refereed through a peer review process.
All papers must be submitted online. To submit a paper, please read our Submitting articles page.
If you have any queries concerning this special issue, please email the Guest Editor Dr. Manish Madan at email@example.com
Submission of manuscripts: 16 October 2017
Notification to authors: 15 January, 2018
Final versions due: 30 March, 2018