*Research Scholar, Department of Commerce, S.V.U. College of CM & SC, Tirupati, India
**Research Supervisor, Department of Commerce, S.V. University, Tirupati, India
Online published on 3 June, 2015.
This study differentiates technical change from total factor productivity. Technical change is considered as an important determinant of Countr's economic growth. The decision making units are the total manufacturing sectors of Indian states and Union Territories. The period of study is divided into three time epochs, namely (i) Early globalization, (ii) globalization and (iii) late globalizzation period. The empirial results suggest that the industrial performance is better in the first and second time epochs. In the third epoch most of the states and Union Territories suffered from deteriorating performance.