ASX-Dividend-Report-Banner

The 2023 India Cluster Panorama: Competitiveness Through Clusters

August 25, 2023 07:31 PM AEST | By Businesswire India
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 The 2023 India Cluster Panorama: Competitiveness Through Clusters
Image source: Businesswire India
Business Wire India
Institute for Competitiveness releases the Research Paper on “The 2023 India Cluster Panorama”. The research paper is a collaborative effort between Institute for Competitiveness, India (IFC); Institute for Strategy and Competitiveness, Harvard Business School (ISC); US Asia Technology Management Center, Stanford University; and Economic Advisory Council to the Prime Minister (EAC-PM), Government of India.

The research paper draws inspiration from the pioneering work of Michael E. Porter, Professor, Harvard Business School. The paper has been authored by Amit Kapoor, Chair, Institute for Competitiveness & Lecturer USATMC, Stanford University; Bibek Debroy, Chairman, EAC – PM; Christian Ketels, Principal Associate, Harvard Business School and Subhanshi Negi, Researcher, Institute for Competitiveness. Recognizing the critical role of clusters in driving locational competitiveness, the paper takes a granular approach to understanding India's economic clusters and their impact on regional and sectoral competitiveness.

Clusters, as defined by Michael Porter, are geographic concentrations of related economic activities that foster local linkages and spillovers. They are recognized for their ability to foster productivity, innovation, and growth. The granular analysis presented in the paper encompasses sector-specific, gender, and regional aspects which provide a thorough understanding of the composition of the Indian economy, its strengths, and growth potential. Its foundation lies in the understanding that strong clusters are essential for a nation's overall competitiveness and prosperity. The paper leverages robust data from the Periodic Labour Force Survey (PLFS), providing insights into the economic activities, wages, and employment within various cluster categories at both the district and state levels.

Key highlights of the 'The 2023 India Cluster Panorama'

Methodological Breakdown: The paper meticulously details the methodology of the India Cluster Mapping Initiative, providing an in-depth view of how clusters were defined based on the National Industrial Classification (NIC) and the mapping process used to analyse data from the Periodic Labour Force Survey (PLFS) spanning from 2017-18 to 2020-21.

Cluster Landscape: The paper presents a comprehensive overview of cluster compositions in terms of sectors, gender, skills, and employment, providing a detailed comparison of broad and narrow cluster categories at the national level.

Regional Disparities: Through a cluster-based lens, it delves into the substantial disparities in productivity and prosperity across India's different states and districts, shedding light on the role of clusters in influencing economic performance. The role of clusters in shaping economic outcomes is assessed using the three-star methodology.

Policy Implications: The paper as well identifies critical factors affecting cluster strengths and their impact on regional competitiveness. It underscores the importance of evidence-based policymaking and proposes strategies for harnessing clusters to enhance economic growth and inclusivity.

This pioneering effort not only analyses India's top clusters but also identifies districts and states with the strongest cluster portfolios. The findings reveal the concentrated nature of economic activities in key cluster categories and their correlation with regional economic performance.

The unveiling of this research paper comes at a crucial juncture when India seeks to bolster its economic competitiveness and enhance its growth trajectory. The insights from this paper are expected to inform evidence-based policymaking, aid in the formulation of targeted strategies, and drive innovation and collaboration across sectors. With its focus on inclusivity and gender equality, the paper provides a comprehensive view of economic activities at a granular level, offering insights that can guide policies targeting specific skill workers and sectors. ‘The 2023 India Cluster Panorama’ is poised to offer a new perspective on India's economic development, emphasizing the importance of clusters and competitiveness in fostering a resilient and prosperous economy. The findings of this paper hold the potential to reshape economic policies and strategies, driving India towards a future of sustained growth and prosperity.

The Paper is available at https://competitiveness.in/wp-content/uploads/2023/08/Report_India_Cluster_Panorama_2023.pdf

"Kalkine Media dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum."

Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium do Kalkine que laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui do Kalkine Media quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui do Kalkine eum fugiat quo voluptas nulla pariatur?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

To keep reading, please log in to your account, create a free account, or simply fill out the form below.

Send OTP Resend OTP in 30s
Verify OTP

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.