India's Economy: Global Value Chains by Dr Ranjana Singh is a significant academic work that examines India’s evolving position in the framework of global value chains (GVCs). The book explores how globalisation, trade integration, and cross-borde...
India's Economy: Global Value Chains by Dr Ranjana Singh is a significant academic work that examines India’s evolving position in the framework of global value chains (GVCs). The book explores how globalisation, trade integration, and cross-border production networks are reshaping the structure of India’s economy. It provides a clear understanding of how countries participate in different stages of production, from raw materials to finished goods, and how value addition determines economic growth and competitiveness.The author critically analyses India’s strengths and limitations in integrating with globalmarkets, highlighting issues such as industrial development, trade policy, technologicalupgradation, employment generation, and sustainable growth. The book connects theoretical perspectives with practical policy implications, offering insights into how India can enhance its participation in global supply chains to achieve inclusive development.Written with academic depth yet practical clarity, the book is valuable for students, researchers, policymakers, and anyone interested in international economics and development studies. It presents a comprehensive assessment of India’s economic transformation within the broader context of global economic restructuring and provides meaningful recommendations for strengthening India’s global economic engagement.
Tags : Global Value Chains (GVCs),Indian Economy,Globalisation and Trade Integration,Industrial Development,International Production Networks,Trade Policy and Competitiveness,Economic Growth and Value Addition,Sustainable and Inclusive Development