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Article
Publication date: 28 July 2023

Brajesh Mishra, Avanish Kumar and Ishaan Mishra

The study explores the evolution of Indian domestic electronics manufacturing post-economic reforms and also investigates the lack of natural growth stages among Indian…

Abstract

Purpose

The study explores the evolution of Indian domestic electronics manufacturing post-economic reforms and also investigates the lack of natural growth stages among Indian start-up/SME electronics manufactures.

Design/methodology/approach

The theoretical framework is inspired by Dawar and Frost's survival strategy theory that local companies may follow to overcome competitive threats from MNCs. The study adopts a qualitative methodology, more precisely, a phenomenological approach to walking through policy/regulatory reforms amid market distortions, technological gaps and colonial mindset from the perspective of Indian domestic electronics manufacturers. The study has adopted Gioia method of data analysis to inductively suggest a few research propositions.

Findings

The phenomenological approach revealed eight essential structure (essence) narratives to explore the complex issue that plague the industry: make in India, made in India, preferential market access strategy, equitable market access strategy, blue ocean strategy, competitive positioning strategy, technical capability and importance of policy/regulatory arbitrage.

Practical implications

The situation of Indian electronics manufacturing units is comparable to the bonsai tree situation, where natural evolution in business stages does not exist; they are born and die as start-ups/MSMEs. The study advocates for equitable market access by removing market distortions. The long-term solution may lie in making available locally manufactured products as a dependable alternative to the imported products or produced locally by MNC OEMs in terms of cost, quality, technology, volume, after-sale service and integrated supply chain.

Originality/value

While the favorable FDI policies, digital India and make-in India initiatives have strengthened domestic electronics production, it is yet to significantly impact India's position in global trade, including manufacturing and exports.

Details

Benchmarking: An International Journal, vol. 31 no. 8
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 13 December 2021

Brajesh Mishra and Avanish Kumar

The regulatory framework may be construed as the existence of supporting infrastructure that assists in control, direction/implementation of a proposed course of law, rule or…

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Abstract

Purpose

The regulatory framework may be construed as the existence of supporting infrastructure that assists in control, direction/implementation of a proposed course of law, rule or action. The regulatory order is now more formalized, expert-driven, transparent, independent and pervasive across countries and sectors. As a result, regulatory reforms enable markets to function efficiently by providing a supportive environment for increased investment, private sector growth and market-led economic growth. This study aims to review previous literature for understanding the impact of sectoral regulatory framework on sectoral performance.

Design/methodology/approach

This paper has adopted a systematic literature review to understand dynamics between the sectoral regulatory framework and sectoral performance. While seven multidisciplinary databases were used to identify 51 research articles, the bibliometric research profiling was executed to broaden academic research.

Findings

The results are organized into three broad categories: research context, research area and research methods. The identified articles exhibited association with 12 distinct sectors/industries, with maximum articles belonging to telecom, energy and finance industries. The study has focused on evolution of regulatory studies, impact of regulatory framework on sectoral performance and commonality in regulatory studies. Among the 15 distinct research contexts identified in this systematic literature review (SLR), the highest mapping was registered (from 23 articles) by the research context “impact of regulatory framework on the sector–institutions, infrastructure and performance indicators.”

Practical implications

Public administration researchers are increasingly using mixed methods research approaches to add diverse and novel perspectives on wicked problems. The qualitative approach (grounded theory, action research, phenomenology and participant observations) is appropriate for understanding the native viewpoints of regulatory practitioners and reducing the gap between rigor and relevance.

Originality/value

The study addresses lack of systematic review of articles covering the impact of regulatory framework on sectoral performance encompassing all sectors by, inter alia, collating important bibliometric profiles of the identified articles.

Details

International Journal of Productivity and Performance Management, vol. 72 no. 5
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 1 February 2000

Pramod Pathak, R. Venugopal and Shishir Chandra

The image that India carries in the minds of foreign investors is that of an orthodox, corrupt, poor country that is not investor friendly. Most of the international rating…

Abstract

The image that India carries in the minds of foreign investors is that of an orthodox, corrupt, poor country that is not investor friendly. Most of the international rating agencies have been inadvertently falling into this trap and have failed to objectively assess India vis‐a‐vis investor friendliness. The reality, however, is that India holds tremendous potential for the willing investor and is as investor friendly as any of the so‐called top countries. This paper attempts to offer an objective evaluation of India as an investment destination, and thereby shatter many of the myths about investing in India. There have been governments in power with diametrically opposite ideologies but the policy towards liberalization remains unchanged. The need for growth—and the strategies needed for that growth—is very well understood by Indian policymakers. Some decisions, like the one to go Nuclear, may have political overtones but, by and large, it is the economy that drives governance today.

Details

International Journal of Commerce and Management, vol. 10 no. 2
Type: Research Article
ISSN: 1056-9219

Article
Publication date: 10 November 2020

Vinay Kaura

The main purpose of paper is to analyse the political, military and strategic significance of China’s rising power and its influence on Sino-Indian relations, while addressing the…

Abstract

Purpose

The main purpose of paper is to analyse the political, military and strategic significance of China’s rising power and its influence on Sino-Indian relations, while addressing the question as to why India has not been able to develop a long-term, stable and friendly relationship with China.

Design/methodology/approach

The paper is structured as follows: historical overview of India-China relations; various tools of China’s policy in Indian sub-continent; and India’s response. The paper employs a qualitative analysis of secondary literature, with media reports, official documents and public statements providing important sources for understanding the dynamics underlying bilateral relationship.

Findings

India needs to be prepared to face challenges as China’s charm offensive in India’s neighbourhood is primarily aimed at establishing a new Asian order in which Beijing would play the leading role. As China institutionalizes its military presence in South Asia and the Indian Ocean, India should adopt an innovative response mechanism, also involving counter-presence in areas considered China’s traditional sphere of influence.

Originality/value

The primary value of the paper lies in the fact that it covers most of the key dimensions of bilateral ties that impair a stable relationship between India and China. A proper understanding of the dynamics underlying bilateral ties may help the policymakers, scholars and academics to suggest ways to reduce sources of tensions, while also helping the Indian Government to prepare effective countermeasures.

Details

Social Transformations in Chinese Societies, vol. 16 no. 2
Type: Research Article
ISSN: 1871-2673

Keywords

Open Access
Article
Publication date: 23 February 2022

Dharen Kumar Pandey, Vineeta Kumari and Brajesh Kumar Tiwari

The authors examine the impacts of corporate announcements on stock returns during the pandemic stress.

6437

Abstract

Purpose

The authors examine the impacts of corporate announcements on stock returns during the pandemic stress.

Design/methodology/approach

The authors employ the event study methodology with the market model on a sample of 90 events (announcement and ex-date).

Findings

The authors find that all the corporate announcements do not impact the stock returns in a similar pattern. While the bonus announcement, ex-bonus and ex-split events led to positive significant abnormal returns on the event date, the rights issue and stock-split announcements failed to influence the stock returns. The findings suggest that before making such announcements, the corporates should wait until the market recovers because even the positively impacting events result in negative market responses during pandemic stress.

Practical implications

This study will guide the policymakers to stimulate share prices during such pandemics with the help of various corporate announcements. The investors will be assisted in understanding the stock market mechanism and making wise decisions before reacting to corporate actions during a pandemic or emergency period. While the policymakers are concerned with influencing the share prices, the investors are concerned with the composition of the risk-return parameters in their portfolio. This study will act as an essential investment tool for both.

Originality/value

To the best of the authors’ knowledge, the authors conduct the first-ever study to examine the impacts of corporate announcements during a pandemic stress period that significantly contributes to the literature. The authors examine the announcement effects in India and accurately anticipate that this study will be a pioneer in this field. This study also paves the way for future researches in this area.

Details

Asian Journal of Accounting Research, vol. 7 no. 2
Type: Research Article
ISSN: 2443-4175

Keywords

Article
Publication date: 1 August 2016

Sampath S.S., Nethri Rammohan, Reema Shetty, Sawan Shetty and Chithirai Pon Selvan M.

Stainless steel is one of the most important elements in structural design and application, and due to its excellent properties, it is widely used in industries for conventional…

167

Abstract

Purpose

Stainless steel is one of the most important elements in structural design and application, and due to its excellent properties, it is widely used in industries for conventional structural engineering applications, such as thermal power plants, nuclear power plants, civil constructions, etc. (Mishra et al., 2014). A traditional tensile testing machine cannot determine the transversal stress–strain curves (Olden, 2002, 2013).

Design/methodology/approach

In the present study, identical mild steel specimen parts are welded at different intervals and then subjected to tensile loading. Welding is carried along the length of the specimen. Induced stresses are determined at the welded intervals and the stress–strain curve is obtained.

Findings

By considering the temperature of the weld at the interface, thermal stresses are determined. Brinell hardness number is determined at the interface and the base metal. Also, the change in the hardness at the heat-affected zone (HAZ) is found. Validation is carried out by comparing the results with the original stress–strain curve.

Originality/value

In the HAZ, there is a drop in the hardness number, which means that there is a change in the material property due to welding. The thermal stresses which develop at the interface can also play a very important role for property change. Results show that the stress developed due to the rise in temperature is lesser than that of normal stresses.

Details

World Journal of Engineering, vol. 13 no. 4
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 6 May 2020

Ramakant Rana, Qasim Murtaza and R.S. Walia

In this study, the tri-bological behaviour of the un-coated and diamond coated tungsten carbide was evaluated using the pin-on-disc test rig. The same was also tested on a lathe…

Abstract

Purpose

In this study, the tri-bological behaviour of the un-coated and diamond coated tungsten carbide was evaluated using the pin-on-disc test rig. The same was also tested on a lathe machine tool. This paper aims to compare the tri-bological behaviour of coated tungsten carbide pin with un-coated tungsten carbide pin it also correlates the wear obtained from the two machines used.

Design/methodology/approach

Experiments were performed using L8 orthogonal array and results obtained on a pin-on-disc test rig under dry sliding process were optimized through a modern optimization technique i.e. genetic algorithm (GA). The response surface methodology model (L8 orthogonal array) formed the basis for the development of the GA model, which defines the conditions of minimum wear, minimum coefficient of friction and minimum surface roughness for the sliding process of the pin-on-disc test rig.

Findings

Implementation of the heuristic approach for optimization of input parameters for the combination of tool material used for the turning process. The initial approach involves tri-bological testing considering the same combination. The set of experiments further performed, inferred that the results were similar and that the diamond coating enhances the life of the tool.

Originality/value

Successfully synthesized the diamond coating on tungsten carbide tool material. Implantation of the heuristic approach, i.e. GA to tri-bological tests to identify the optimized level of input variables. Experimentation involves the tri-bological testing whose results were confirmed through performing experiments on the lathe machine tool.

Details

World Journal of Engineering, vol. 17 no. 3
Type: Research Article
ISSN: 1708-5284

Keywords

Article
Publication date: 3 February 2022

Mukesh Chandra, Faisal Shahab, Vimal KEK and Sonu Rajak

In the present scenario, the demand for additive manufacturing (AM) has increased. Taking into account environmental problems and sustainability, manufacturers are now also…

Abstract

Purpose

In the present scenario, the demand for additive manufacturing (AM) has increased. Taking into account environmental problems and sustainability, manufacturers are now also considering the environmental and sustainability criteria in their decision-making process. The sustainability concept is known as the triple-bottom line, namely, economic, social and environmental perspectives. Sustainable concept selection in the manufacturing organisation can be considered as the selection of sustainable material, product design, process, method and technology. This study aims to select an appropriate AM process by considering sustainability from various available techniques.

Design/methodology/approach

Appropriate sustainable performance indicators for the AM were identified based on literature as well as in discussion with experts and decision-makers. The model addresses all the major dimensions of sustainable concepts of AM such as material/product quality, machine performance, market stability, total cost and ecological values. A hybrid multi-criteria decision-making approach, i.e. stepwise weight assessment ratio analysis and complex proportional assessment methods, have been used to select the best AM technique. While selecting criteria affecting AM machines and processes, criteria based on the sustainable concept are considered.

Findings

Among the four selected AM processes, i.e. fused diffusion modelling (FDM), laminated object manufacturing (LOM), stereolithography apparatus (SLA) and selective laser sintering (SLS), the best alternative was found to be FDM.

Research limitations/implications

The present study highlights some limitations in the selection of AM process and methodology used in this research. This study considers only four AM processes, i.e. FDM, LOM, SLA and SLS. Future work may include considering other AM processes and criteria that affect the sustainability of AM.

Practical implications

The present work will help researchers and production managers to decide the best AM alternatives to fabricate desired parts. Hence, AM can help in maximum energy utilisation, optimal consumption of resources, minimum material wastage and reduction of CO2 emission.

Originality/value

The study considers some important criteria, including energy consumption, eco-friendly and wastage-free production, that help sustainable AM. This study can result in a good economic efficiency of AM industries and, therefore, positively impact customers using green products.

Details

Rapid Prototyping Journal, vol. 28 no. 7
Type: Research Article
ISSN: 1355-2546

Keywords

Article
Publication date: 18 December 2023

Swarnalakshmi Umamaheswaran, Vandita Dar, John Ben Prince and Viswanathan Thangaraj

This study aims to explore the perceptions of investors regarding the risks associated with funding renewable energy projects in India, as well as the various factors that…

Abstract

Purpose

This study aims to explore the perceptions of investors regarding the risks associated with funding renewable energy projects in India, as well as the various factors that influence these perceptions. The investigation is limited to debt providers and seeks to pinpoint the primary risks that bankers perceive and the drivers that shape these perceptions.

Design/methodology/approach

This study draws on interviews and surveys of Indian bank executives, investigating how finance providers perceive risks in the Indian context and the factors driving such perceptions. Qualitative interviews have been used for operationalizing “risk perception” within the renewable energy domain, followed by a quantitative survey and exploratory factor analysis.

Findings

The authors find that experience and capacity are the most important factors that account for 30% of the overall variance. The second factor, which accounts for 15% of the variance, includes the perceived risks in funding renewable energy projects as compared to infrastructure projects. Among individual risks, the authors find that bankers perceive technological risk to be the lowest (5%) and contractual and regulatory risks as the highest (66%) in renewable energy projects.

Research limitations/implications

The study contextualizes risk perception toward renewable energy investments in the Indian context by drawing from the risk perception literature and qualitative interviews with senior bankers. It presents empirical evidence on the decision-making behavior of bankers, who are important stakeholders of the renewable energy ecosystem. The main limitation of the study is the relatively small sample, and generalizing the results to the broader population might require a larger sample. This will facilitate the use of confirmatory factor analysis and structural equation modeling, which can facilitate a more comprehensive understanding of risk perceptions in renewables financing.

Originality/value

Insights gained can be used to provide policy recommendations for improving the financing ecosystem of renewable energy projects. The research significantly contributes to the extant literature within the renewable energy financing domain for emerging economies.

Details

International Journal of Energy Sector Management, vol. 18 no. 6
Type: Research Article
ISSN: 1750-6220

Keywords

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