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The steel industry in Kerala occupies a distinctive position within the state's industrial landscape, acting as driver of infrastructure development and contributor of economic growth. The growth of industry is characterised by a mix of large integrated producers, medium scale rolling mills. A key dimension of productivity analysis lies in examining TFP, which captures the combined effect of innovation, efficiency and industrial dynamics. the structural transformation of the steel industry in Kerala also reflects the broader economic changes of the state. shift n the labour markets, raising wage cost, and the increasing demand for skilled based employment have compelled firms to restructure production strategies. the structure and productivity dynamics of steel industry in Kerala provide an insightful case of industrial adaption in a resource constrained region.
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The steel industry in Kerala occupies a distinctive position within the state's industrial landscape, acting as driver of infrastructure development and contributor of economic growth. The growth of industry is characterised by a mix of large integrated producers, medium scale rolling mills. A key dimension of productivity analysis lies in examining TFP, which captures the combined effect of innovation, efficiency and industrial dynamics. the structural transformation of the steel industry in Kerala also reflects the broader economic changes of the state. shift n the labour markets, raising wage cost, and the increasing demand for skilled based employment have compelled firms to restructure production strategies. the structure and productivity dynamics of steel industry in Kerala provide an insightful case of industrial adaption in a resource constrained region.