His first book, Fraternal Capital, explains the politics of production in one of India's most dynamic industrial districts, the knitwear industry in Tiruppur, Tamilnadu, as an outcome of gendered, agrarian and class processes. Since 2002, Sharad has been conducting long-term ethnographic and historical research on the remains of racial capitalism in post-apartheid South Africa, as witnessed through two neighbourhoods adjacent to oil refineries and other polluting industry in the city of Durban.