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Strategies to Meet Competition: Firm Level Study of Indian Machine Tools Industry

Sectoral studies are an integral part of strategic planning exercises. Such studies are also considered crucial in planning and understanding entrepreneurial responses. This paper meticulously scans the CNC lathe producing segment of the Indian machine tool industry to account for its lack of price...

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Bibliographic Details
Main Author: Kathuria, Vinish
Format: Article
Language:English
Published: The Journals of Entrepreneurship 1999
Subjects:
Online Access:http://library.ediindia.ac.in:8181/xmlui/handle/123456789/1361
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100 |a Kathuria, Vinish 
245 |a Strategies to Meet Competition: Firm Level Study of Indian Machine Tools Industry  |c Kathuria, Vinish 
260 |c 1999  |b The Journals of Entrepreneurship 
300 |a 1-24 
520 |a Sectoral studies are an integral part of strategic planning exercises. Such studies are also considered crucial in planning and understanding entrepreneurial responses. This paper meticulously scans the CNC lathe producing segment of the Indian machine tool industry to account for its lack of price competitiveness despite technological dynamism. The author argues that given the domestic orientation and low installed capacities of the Indian firms, it would require a complete strategic turnaround for them to be able to combat forces of liberalisation and be internationally competitive. 
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650 |a Indian Machine Tool Industry 
650 |a Entrepreneurship 
773 |a The Journal of Entrepreneurship  |d Jan-Jun 
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