Growth In The List Of Indian Industries Allows The Economy To Look Better

The alphabetical list of Indian industries is sure to run into thousands because of the widespread spectrum of manufacturing and service based products which are being produced from these. Indian economy is flourishing in the modern day 21st century because of the rapid industrialisation. Having become stable since the country’s independence due to agriculture sector, the present day economy is being credited as well as depended on Indian industries.

• Huge bearing of Indian industry on India’s economy

Indian industry has established itself as a leading sector in the country, standing upright and even making profits, when various other countries slumped very fast. With a strong background and stable financial conditions, these India industries were able to steer clear of the backlash of the recession, which almost devastated a developed country like the United States. Indian industries, on the other hand, did extremely well in the phase, owning to their strong policies and conservative approach. They continued giving profits and dividends to the stakeholders and public received enough products generated by these industries. The list of Indian industries run long enough and a lot of sectors are included in this list. This spans the core sector industrial units such as steel and iron, electrical and electronics, cement, construction, mining, and various manufactured items. Even though, agriculture still thrives in some part of India, the farmers are transcending into the arena of unconventional or non paddy cultivation. Also, employment to lot of people is being provided through these Indian industries.

• Keeping environmental concerns in mind during Indian industry growth

As the rate of industrialisation keeps on increasing, people find another concern in their faces. Environmental pollution has been dedicated to the presence of many industries. This might be a drawback of rapid industrialisation, but with policies of anti-pollution being implemented, the compatible environmental list of industries is gradually going bigger. Taking due permission from the local and central committees regarding the kind of work being done in the manufacturing units, allows the setting up of industrial units in various sensitive zones. As long as the air and water pollution is under check and regularly maintained by the Indian industry sector, the environmental list of industries will keep on growing.

• Consumer goods production aiding in industrialisation

Manufacturing sector industries have helped in the growth of gross domestic product values. Infrastructural benefits have been accrued and the economy is faring better because of proper availability of the infrastructure products. Roads, bridges, buildings and other structures for industrial benefits are coming up, which have a direct bearing on the growth of the country. Demands of the public for consumer goods boost the production. List of Indian industries involved in the supply of consumer goods is long, with many private as well as public sector undertaking churning out products in concert with the demands of the situation.

• Growth potential of Indian industries huge in the coming years

Indian economy has been hugely dependent on the Indian industry. Starting from the supply of consumer products to the increasing opportunities of employment, a lot of facilities are being given a boost through the Indian economy. Role of India industries is further going to be strengthened, catapulted by the favourable policies of the government and the relaxation of rules for foreign direct investments. In the coming years, as the 21st century delves deeper towards its middle phase, plenty of developments are in the offing, which are sure to add value to the economy and strengthen the undisputed positions of these Indian industries.

Zhon roy has written many online gaming articles. He is an avid gamer and like to write about casual and professional games.