Productivity Growth of Indian Housing Sector Companies: Using Malmquist Productivity Index

Productivity affects the competitiveness of Business organizations and evaluating productivity improvement of the Decision-making Units (DMUs) is essential for the proper planning and effective performance of these units. This paper explores the overall productivity aspect of Indian Housing companies from 2010 to 2019. Malmquist Productivity Index is used to measure the productivity growth of each firm. The findings revealed that there was an overall rise in productivity in 2010-11, 2015-16 and 2018-19 only; however, there was a reduction in productivity during remaining years of the study period. Technological deterioration can be considered as the key cause of this decline. Thus, productivity growth can be accomplished through technological development and optimum utilization of inputs