The role of the manufacturing sector in the overall development of an economy can never be undermined. In an emerging economy like India, the role of the manufacturing sector is even more critical. As a source of employment, hub of technological progress, and an accelerator of output growth in other sectors, it is paramount that the manufacturing firms are resilient to cope with the challenges posed by the dynamic business environment of today. This book explores the role of microeconomic and macroeconomic factors in determining the level of efficiency, profitability and the stock market performance of the firms in the Indian manufacturing sector. Focusing specifically on the post-reform era, the authors take stock of the inherent distinctive characteristics of the different sectors across the manufacturing industry, which are understandably different. Emphasizing the changing scenario of the manufacturing sector under different policy regimes, and providing access to critical information, this book equips readers to understand how prudent, and informed, managerial decisions are made. It is a go-to reference book in comprehending the real issues of the manufacturing sector in the changing Indian environment, and a useful resource for students and researchers of commerce, management, economics, and the wider field of business studies.About the Author: Sumit Kumar Maji is Assistant Professor in the Department of Commerce, The University of Burdwan, West Bengal, India. Arindam Laha teaches Economics at the Department of Commerce, University of Burdwan, West Bengal, India. Debasish Sur is a Professor at the Department of Commerce, University of Burdwan, West Bengal, India.