International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Evaluation of import substitution strategy in context to infrastructure: Empirical evidence from Rajasthan

Author(s): Varun Chotia, Vranda Jain, Prabhat Pankaj

This study investigates the current state of infrastructure in Rajasthan and assesses its preparedness in implementing Import Substitution Industrialization (ISI). An Empirical framework based on Economic, Social and Physical infrastructure indices along with an overall infrastructure Index has been constructed, which would reflect the preparedness and therefore influence the decision to adopt Import Substitution strategy in Rajasthan. On this basis, 33 districts are ranked on the basis of highest to lowest values. Since infrastructure is a pre requisite for realizing benefits from ISI strategy and eventually moving towards a self-reliant economy, an assessment of the present situation can contribute in undertaking a well-planned move towards reducing reliance on imports.

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