Industrial Organization in India

First published in 1935, Industrial Organization in India examines the structure and efficiency of industrial organization in India. It explores the origins, evolution, and unique features of the managing agency system, comparing the organizational practices and methods of Indian and British managing agency firms. The book analyzes the system’s influence on the industrial structure, focusing on how British firms achieved administrative integration under this model. It discusses the future of the managing agency system, concluding that Indian industry would benefit more from addressing its flaws than from abolishing it entirely. The text also studies the factors shaping the localization of industry and the scale of industrial units in India. It provides a detailed account of the methods used to finance industry, followed by an examination of industrial finance challenges and potential solutions based on foreign experience. The book concludes with an assessment of industrial worker efficiency, emphasizing the relationship between wages and living standards. It will be of interest to students and researchers of industrial economics and business and economic history.