Indian Economy

This book analyzes the current approaches to energy management in India that is based on a carbon-intensive pathway, which if continued, may have serious implications for climate change mitigation with severe consequences for human health and survival. India, being a signatory to the United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol, and the Paris Agreement, is committed to reducing greenhouse gas emissions; however, the country’s dilemmas are whether to prioritize environment over economy or vice versa and also whether economic growth can be sustained by relying on carbon-intensive development. Those are explored in this book.

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.