Webinar on Financing, Investment & Firm Performance in the Indian Manufacturing Sector

The Institute organised a webinar on “Financing, Investment and Firm Performance in the Indian Manufacturing Sector” on January 12, 2022. The discussion in the webinar was based on a recent paper by Prof Manmohan Agarwal, Dean, School of International Studies, JNU and Ms Rumi Azim, PhD Scholar, JNU with the same title. The paper analyses the performance of the Indian economy, particularly manufacturing, in the aftermath of the global financial crisis using firm level data on a sample of 804 large, mid, and small cap manufacturing firms for 15 years from 2005 to 2019. The paper also analyses the trend in the financial indicators and estimate dynamic panel data regression using a two-step GMM method. The presentation was followed by a panel discussion. Eminent panellists included Dr Denis Rajkumar, Director, Economic & Political Weekly Research Foundation; Prof Jitendra Mahakud, Professor of Economics and Finance, IIT Kharagpur; and Dr Santosh Das, Assistant Professor, ISID. The discussion was followed by Q&A session. Prof Nagesh Kumar, Director, ISID moderated the event.