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https://dx.doi.org/10.25776/d4...
Conference object . 2022
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Electrical Equipment Industry Cluster

Authors: Gautam, Pragati;

Electrical Equipment Industry Cluster

Abstract

The growing collaboration between two or more industries in a specific region in which they work in a symbiotic relationship, providing benefits to each other and contributing in the overall development of the region, is what is popularly known as business clusters. Even though this concept is commonly known and implemented in the West, South Asian economies are unfamiliar with the advantages of this unique business strategy. There are, undeniably, many potential business clusters in these developing countries, which if tapped efficiently, could result into an industrial boom. This research focuses on investigating the existence of a business cluster in the electrical equipment sector in Faridabad, a city that shares its borders with the capital city of India (New Delhi). The research relies on an already developed formula from Professor Fregoso Jasso’s 2010 paper to confirm whether there exists a business cluster or not. Developing of a business cluster in the afore mentioned area would result in increased employment and ultimately, higher living standards for the people of the district.

Country
United States
Related Organizations
Keywords

Electrical and Electronics, Spatial clustering, Business clusters, Regional Economics, Faridabad district, Operations and Supply Chain Management, Haryana, Electrical equipment industry cluster, Industries, Companies, Finance

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green