The re-examination of strategies for sustainable growth and development has gained traction over the past three decades with increased frequency in more recent years. The underlying policy announcements, however, bypassed a critical aspect of growth that fundamentally relates the industry structure to endowment of the factors of production. An optimal industry structure is also determined by the structure of endowments. Knowledge about how the specific factor endowments influence the industry structure is both useful and helpful in predicting the future industry pattern; and in designing the policies that foster factor movements across industries and segments, and their future demand. Therefore, industrial upgrading plans should be crafted by taking into account the existing endowments of factors failing which the growth path could be interrupted. Walking on the double-edged sword, the policy design should support improved capital use alongside a set of differentiated set of policies to address the related challenges such as the adverse impact from imports. The online seminar was conducted at ISID on June 23, 2021 where Dr Anjali Tandon presented the findings of a recent research study conducted at the
Institute with the support of ICSSR. Dr Deb Kusum Das, Associate Professor, Ramjas College, University of Delhi, served as the discussant.