INDUSTRIES IN INDIA
(Industrial Development in India)
The strength of a nation’s economy depends on its indusries, A nation grows with her industries. At present all nations the world are trying to develop industrially. India, being a developing country is giving great importance to her industries india has been mainly an agriculture-based society. Before
not much thought was given to industries. Our natural resources were exploited by the then rulers. They were used in the industries in England and the industrial products were again sold to our people. After we got independence induntries were given priority in our planning. Fifty years after independence we are among the established industrial nations There are broadly three types of industries in our country.
They are
- 1) Heavy or Large Scale Industries
- 2) Small Scale Industries and
- 3) e Industries. Of these cottage industries all over the country.
They require a small capital and can normally be run by the members of a family. They nt in villages.
We have many large scale industries. The lron and Steel industry is the largest among these. Some factories have been set up with the help of foreign countries. The Tata’s are involved in industry in a big way. All our major cities are the scenes of a large variety of industries. most everything is roduced in our industries. They provide jobs to number of qualified young men. Industries e private sector are doing well. But those in the government sector are getting sick. power shortage and lack of raw materials are some of the problems faced by the industries. The Government is trying to attract foreign industrialists to settle in in the years come these efforts will change our economy for the better.
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