Industrialization

For school and board projects on topic 'Industrialization in India'.

1. Industrialization In India Siddharth Soni

2. Industrialization has come to be regarded as synonymous with economic growth and development. No country desirous of rapid economic progress can afford to neglect industrialization. Industrialization can help the progress of agriculture, trade, transport and all other economic activities. Industrialization is the key to economic development. All advanced countries of the world are industrialized. It will make the best possible use of our human and physical resource. All types of goods for all types of people should be produced in large, medium, cottage and small scale industries. Industrialization

3. Industrialization is the process in which a society or country (or world) transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services. Individual manual labor is often replaced by mechanized mass production and craftsmen are replaced by assembly lines. Characteristics of industrialization include the use of technological innovation to solve problems as opposed to superstition or dependency upon conditions outside human control such as the weather, as well as more efficient division of labor and economic growth. What Is Industrialization

4. In the interest of economy, rapid industrialization is important for generating employment opportunities, utilization of all types of resources, promotion of education, training and research, improving the productivity of labor and balanced regional development .   Industrial growth brings a rapid increase in the national income of the country. In order to reduce the continued increasing pressure of exploding population on our developing economy, rapid industrialization is a must. Land is limited in area but industrialization has unlimited scope. To set up large number of industrial units we can create more employment opportunities and absorb a large number of unemployed youths. Agriculture cannot use all resources. So, industrialization is a must to make use of our resources. Industry can make use of waste materials. Industrialization widens horizon of our understanding and enables us to go through education and researches. Thus it will prove the quality of our manpower. We can use more capital and technologies. We can have division of work and specialization in the industry. This will result in the improvement of productivity of labor. Industrialization is capable of removing regional disparities because barren lands can be used for this purpose. No fertile land and means of irrigation are needed for industrialization. Industrialization will raise the standard of living of our people. Importance

5. Industrialization refers to a process of change in the technology used to produce goods and service. According to Wilbert Emoore and G. R. Madan , it is a much broader process of economic development which has in view the integrated development of all other sectors, i.e. agriculture, power, transport and other services. Industrialization has a major role to play in the economic development of the under developed countries. The Role of Industrialization in the economic development of India

6. i . Increase in per capita income. ii. Growth in international trade iii. High level of investment iv. Generation of employment v. Meets the requirements of people The role of industrialization in the development of India

7. Agro Based Industrialization

8. The textile industry plays predominant presence in the Indian economy. It is the only industry which is self-reliant, from raw material to the highest value added products, viz., garments/made-ups. Textile Industry

9. Sugar production is known in India since ancient times, but modern sugar industry in the country developed in first decade of the twentieth century. Indian sugar industry is the second largest agro- based industry in India. Sugar Industry

10. Vegetable oil is a major source of fat in Indian diet and a widely used cooking medium. Vanaspati ’ is hydrogenated vegetable oil. Different regions use different raw materials for oil, depending on the technology used. Vegetable Oil Industry

11. The tea industry provides direct gainful employment to more than one million workers mainly drawn from the backward and socially weaker sections of the society. It is also a substantial foreign exchange earner and provides significant contribution to the state and central exchequer. Tea plantations in India are mainly located in rural, hill and backward areas of north­eastern and southern states. Tea Industry

12. Among the plantation crops, coffee has made significant contribution to the Indian economy in the last few decades. Although India contributes only a small percentage of the world production, Indian coffee has created a niche for itself in the international market, particularly Indian robustas , which are highly preferred for their good blending quality. Arabica coffee from India is also well received in the international market. Coffee Industry

13. Leather is a highly labor-oriented industry in India, and has been identified as one of the major thrust areas for export. It is one of the traditional industries of India spread over organized and unorganized sector. The small-scale, cottage and artisan sector account for over 75 per cent of the total leather production. India has traditionally a rich advantage in this industry both in terms of raw material and skilled manpower. People employed in this sector are predominantly from the minorities and disadvantaged sections of the society. Leather Goods Industry

14. Mineral Based Industry

15. Iron and steel is a basic industry and is the backbone of industrial development of any country. The first unit, which was able to produce pig iron successfully, in the country came up at Kulti in 1874 and was named the Bengal Iron Work Country. Another plant came up at Sakchi (now Jamshedpur) in 1907, set up by the Tatas and called the Tata Iron and Steel Company (TISCO). In 1919, the Indian Iron and Steel Company (IISCO) plant was set up at Burnpur . In 1923, another plant came up, called the Mysore Steel Works (later named the Visveshwaraiya Iron and Steel Limited—VISL). Iron And Steel Industry

16. It was in the year 1857 that the Singhbhum Copper Company was formed to undertake mining operations at Saraikela . In 1924, the Indian Copper Corporation (ICC) was set up with concentration plant and smelter which produced copper at Ghatsila in Jharkhand (then in Bihar). In 1972, the ICC was taken over by the Hindustan Copper Limited (HCL), and now, the HCL is the sole producer of primary copper in India. Copper Smelting Industry

17. It was in the year 1938 that the country saw, for the first time, aluminum production at Alupuram Reduction Works of the Indian Aluminium Company. Later, this company was converted into a public sector company in 1944. By 1967, there were five smelters, one each at Jaykaynagar , Alupuram , Hirakud , Renukoot and Mettur   Aluminum Industry

18. In India the main source of lead and zinc ores is the Zawar deposits of Rajasthan. The paucity of ore supplies has been largely responsible for the rather late and slow development of the lead-zinc smelting industry in the country. Lead Arid Zinc Smelting Industry

19. Cement , an important infrastructure core industry, is one of the most advanced industries in the country. The country was deficient in cement and it had to resort to imports to fill the gaps in supplies until the complete decontrol of price and distribution on March 1, 1989 and introduction of other policy reforms; since then, the cement industry has made rapid strides. Cement Industry

20. Information Technology In India

21. Information technology in India  is an industry consisting of two major components: IT services  and  business process outsourcing  (BPO). The sector has increased its contribution to India's GDP from 1.2% in 1998 to 7.5% in 2012.According to  NASSCOM, the sector aggregated revenues of US$147 billion in 2015, where export revenue stood at US$99 billion and domestic at US$48 billion, growing by over 13 %.  India's prime minister Narendra Modi has started Digital India' project to give IT a secured position inside & outside India. Information Technology In India

22. Bangalore  is considered to be the  Silicon Valley of India  because it is the leading IT exporter . Exports dominate the industry and constitute about 77% of the total industry revenue. However, the domestic market is also significant with a robust revenue growth . The industry’s share of total Indian exports (merchandise plus services) increased from less than 4% in FY1998 to about 25% in FY2012. According to Gartner, the "Top Five Indian IT Services Providers" are Tata Consultancy Services, Infosys, Cognizant, Wipro , and HCL Technologies . Silicon Valley Of India

23. Bangalore Hyderabad Chennai Mumbai Delhi Pune Kolkata Major I.T. Hubs

24. Make In India

25. Make in India is an initiative launched by the Government of India to encourage multi-national, as well as national companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.[1] India would emerge, after initiation of the program(and if successful ) in 2015, as the top destination globally for foreign direct investment, surpassing the United States of America as well as China .[2][3][4] India received US$63 billion in FDI in 2015.[5] Make in India

26. Narendra Modi and Cabinet ministers at the concluding session of the national workshop on Make in India in New Delhi, 10 December 2014 Prime Minister Narendra Modi launched the Make in India program on 25 September 2014 in a function at the Vigyan Bhavan .[1] On 29 December 2014, a workshop was organized by the Department of Industrial Policy and Promotion which was attended by PM Modi , his cabinet ministers and chief secretaries of states as well as various industry leaders.[6]   The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy.[7] The initiative also aims at high quality standards and minimizing the impact on the environment.[8][9] The initiative hopes to attract capital and technological investment in India.[7]   The campaign was designed by Wieden Kennedy .[10 ] History

27. Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licenses was made available online and the validity of licenses was increased to three years. Various other norms and procedures were also relaxed.[11] In August 2014, the Cabinet of India allowed 49% foreign direct investment (FDI) in the defense sector and 100% in railways infrastructure. The defense sector previously allowed 26% FDI and FDI was not allowed in railways. This was in hope of bringing down the military imports of India. Earlier, one Indian company would have held the 51% stake, this was changed so that multiple companies could hold the 51%.[12]   Between September 2014 and November 2015, the government received ₹1.20 lakh crore (US$18 billion) worth of proposals from companies interested in manufacturing electronics in India.[13]   24.8 % of smart phones shipped in the country in the April–June quarter of 2015 were made in India, up from 19.9% the previous quarter. [14][15][16] History

28. With the demand for electronic hardware expected to rise rapidly to US$400 billion by 2020, India has the potential to become an electronic manufacturing hub.[17] The government is targeting to achieve net zero imports of electronics by 2020 by creating a level playing field and providing an enabling environment. It makes the Indian economy better.[17] Plans

29. The solution of our problems lies in the rapid industrialization of the economy. Every region should be industrialized. Agriculture is over burdened with population. In order to absorb the manpower rendered surplus by the agriculture, there should be industries in the rural areas. There is unlimited scope of industrialization due to continued researches, introduction of new technologies and invention. Conclusion

30. https://en.wikipedia.org/wiki/Make_in_India http://www.importantindia.com/17059/essay-on-importance-of-industrialization/ https://www.ukessays.com/essays/economics/role-of-industrialization-in-economic-development-economics-essay.php http://www.yourarticlelibrary.com/geography/industries-geography/the-agro-based-industries-in-india-with-maps/42361/ http://www.slideshare.net/ykkreddy/industrial-policies-india?qid=870a9bfd-f088-4c8e-8321-b6b456595513&v=&b=&from_search=9 http://www.abhinavjournal.com/images/Management_&_Technology/Aug13/7.pdf Bibliography

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