Efficiency of Growth Drivers

This book covers three main areas, namely the pharmaceuticals industry, the telecommunications sector and the banking sector, with a focus on manufacturing and service. It includes a brief analysis of all three, particularly in the context of their evolution, current status, cost efficiency, and growth projections. The Indian pharmaceuticals market is the third-largest in the world in terms of volume and thirteenth-largest in terms of value; further, India is the world’s largest provider of generic drugs.

South Asia s trade almost doubled in the past decade, but the share of trade in GDP is still smaller (47 percent) than in East Asia (55 percent), and South Asia s economic competitiveness continues to lag that of other regions. Part of the problem is the region s container ports. As a result of inefficiencies, the average cost of exporting or importing a container in the region is more than twice what it is in East Asia. Better port logistics could help increase trade, diversify exports, attract more foreign direct investment, and spur economic growth.

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