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Trade and Industry I: India

In: The Economy of South Asia

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  • Tirthankar Roy

    (LSE)

Abstract

The expansion in the capacity of the states to spend on development was directed to industrialization in India. This is well known, much less well known is the fact that in the process of pursuing heavy industrialization, India repressed an established system of long-distance trade. The rest of South Asia had a rather more benign attitude to trade, though shared India’s enthusiasm for industrialism. The push for industrialization, the costs of that strategy, and its unravelling from the 1980s are explored in this chapter.

Suggested Citation

  • Tirthankar Roy, 2017. "Trade and Industry I: India," Palgrave Studies in Economic History, in: The Economy of South Asia, chapter 8, pages 183-214, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-319-54720-6_8
    DOI: 10.1007/978-3-319-54720-6_8
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