DETERMINANTS OF ENTRY - A STUDY OF INDIAN MANUFACTURING SECTOR

The study of determinants of entry in the Indian context is deemed to be important keeping in view the ongoing changes in India's industrial policy. This paper makes an attempt: to establish the extent to which firm and industry characteristics along with government policies can explain inter-industry differences in entry pattern in the Indian manu facturing sector. We find that in India, factors like profits, industr y size and market growth attract entrants while entry is deterred in a concentrated, machinery intensive industry.