2 October 2025
India’s Manufacturing Bottleneck: The Right to Exit
India’s industrial future hinges not only on entry incentives but on the overlooked challenge of orderly exit.
Shoumitro Chatterjee is an Assistant Professor at Johns Hopkins University and a Research Affiliate at the Centre for Economic Policy Research (CEPR). Kala Krishna is a Liberal Arts Professor at The Pennsylvania State University, Fellow of The Econometric Society, Research Associate at the National Bureau of Economic Research (NBER) in the US, a Research Affiliate of the International Growth Centre (IGC) and a Member of CESifo in Germany. Kalyani Padmakumar is an Assistant Professor of Economics at Florida State University. Yingyan Zhao is an Assistant Professor of Economics at George Washington University.
SDG 8: Decent Work and Economic Growth | SDG 16: Peace, Justice and Strong Institutions
Reserve Bank of India RBI | Ministry of Finance MoF
The discussion in this article is based on the authors’ working paper on the subject. Views are personal.
