<h1>RBI Study Analyzes India's Manufacturing Sector (1980-2008); Highlights TFPG Growth and Efficiency Gaps Across Industries and States.</h1> The Reserve Bank of India released a study on the productivity, efficiency, and competitiveness of India's manufacturing sector, covering 1980-81 to 2007-08. The study analyzes organized and unorganized sectors, 18 states, and six major industries. It found that total factor productivity growth (TFPG) for the organized sector was 0.92% to 1.81% per annum. Machinery and Transport Equipment and Chemical industries performed best, while Food, Beverages, Tobacco, and Textiles lagged. Bihar showed the highest TFPG among states, while Tamil Nadu had the lowest. The study also highlighted significant efficiency improvement potential and noted that trade liberalization positively impacted TFPG.