ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

P R BoseSubscribe to P R Bose

Leveraging Liberalisation

Using the Indian cement industry as an example, this paper argues that there is a limit to leveraging liberalisation. Developing-country companies cannot match the clout of MNCs in controlling the global market. The Indian cement industry, which witnessed rapid production and capacity growth during the past two decades, has suffered a decline in exports in recent years as MNCs setting up shop in other developing countries retained their hold on international markets.
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