Small and medium-sized enterprises (SMEs) have attracted increasing attention in the past few years, and manufacturing is no longer seen as a linear mode of development. This book analyzes how SMEs emerge in a developing economy.

Using India as a case study, it addresses one central question: if growth has largely failed to be comprehensive to date, and if the employment of a labor force to increase return activities through a different manufacturing process depends largely on small- and medium-sized industrial groups of size companies, Structural defects and asymmetries that should be taken into account in the formulation of industrial group policies? The book identifies structural flaws in industrial clusters in India, which can be typical of any developing country and sharply contrast to European success stories. Combining theory and empirical material, it provides a middle ground between the two assumed "one-size-fits-all" policies and a specific policy based on individual situations.

The book delineates the outlines where space and production processes form mutually, resulting in somewhat general consequences for underdevelopment. It is important for academics working in economics, business / management and development economics..