India has undertaken various reform programs since 1991 in order to make the economy competitive and to meet the global challengers. This paper examines the trends in capacity utilization in the Indian pharmaceutical sector during pre and post-reform period. It is suggested that while making policy decisions on the basis of aggregate, the consideration of intra-sectoral analysis may be attempted in order to have more valuable results because generalization based on aggregative analysis sometimes fails to pave the way for improved decision making.
Ray, Sarba P.
"Measuring Capacity Utilization and Evaluating the Impact of Liberalization on Capacity Utilization of Indian Drug and Pharmaceutical Industry,"
Journal of Emerging Knowledge on Emerging Markets:
Vol. 3, Article 13.
Available at: http://digitalcommons.kennesaw.edu/jekem/vol3/iss1/13