The document discusses the importance of industrialization for economic development and growth. It states that industrialization is key to utilizing resources effectively and generating employment. Rapid industrialization is needed to absorb excess agricultural workforce and promote sectors like education and infrastructure development. The document advocates for industrialization across all regions to help solve economic issues.

1. 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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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).

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.

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

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.

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.

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.

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.

23.  Bangalore
 Hyderabad
 Chennai
 Mumbai
 Delhi
 Pune
 Kolkata

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]

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]

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]

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]

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.

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/industr
ies-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/Managemen
t_&_Technology/Aug13/7.pdf