2. INTRODUCTION
1. Principal industry means the major source of
revenue by an industry in a country.
2. Industry accounts for 26% of GDP and employs
22% of the total workforce.
3. The major principal industry are as following:
(i)Oil and gas industry
(ii)Textile Industry
(iii)Cement Industry
(iv)Mining Industry
(v) Automotive Industry
(vi)Pharmaceutical Industry
3. SOME HISTORY OF INDUSTRY
1. India’s industry started with handicrafts manufactured in
villages.
2. Industrial revolution resulted in modern factories which
lead to shutdown of traditional ways.
3. Modern Large scale industry started with 1830 with first
Charcoal fired iron making was attempted in Tamil
Nadu.
4. The partition of India and Pakistan in which Pakistan
got 23 percent of area and 18 percent of population.
5. This was a major blow to the cotton and jute industry
which booming at that time.
4. OIL AND GAS INDUSTRY
1. Petroleum products and chemicals are
a major contributor to India's industrial
GDP over 34% of its export earnings.
2. India hosts many oil refinery and
petrochemical operations, including
the world's largest refinery complex in
Jamnagar that processes 1.24 million
barrels of crude per day.
3. Rapid economic growth is leading
to greater outputs, which in turn is
increasing the demand of oil for
production and transportation.
Figure: Ongc offshore Mumbai
5. 1. Oil consumption has expanded at a CAGR of 3.3 per cent during
FY2008–16F to reach 4.0 mbpd by 2016.
2. Due to the expected strong growth in demand, India’s
dependency on oil imports is likely to increase further.
3. With rising income levels, demand for automobile is estimated to
increase, in turn leading to augmented demand for oil and gas.
6. CEMENT INDUSTRY
• India is the second largest producer of cement in the world.
• The housing sector is the biggest demand driver of cement,
accounting for about 67 per cent of the total consumption in India.
• The top 20 cement companies account for almost 70 per cent of the
total cement production of the country.
• A total of 188 large cement plants together account for 97 per cent
of the total installed capacity in the country, with 365 small plants
account for the rest. Of these large cement plants, 77 are located in
the states of Andhra Pradesh, Rajasthan and Tamil Nadu.
7.
8. PHARMACEUTICAL INDUSTRY
• The Indian pharmaceuticals market is the third largest in terms of volume
and thirteenth largest in terms of value, as per a report by Equity Master.
• The Indian pharma industry, which is expected to grow over 15 per cent per
annum between 2015 and 2020.
• The market is expected to grow to US$ 55 billion by 2020, thereby emerging
as the sixth largest pharmaceutical market globally by absolute size.
• The sector is expected to generate 58,000 additional job opportunities by
the year 2025.
• The drugs and pharmaceuticals sector attracted cumulative FDI inflows
worth US$ 14.71 billion between April 2000 and March 2017, according to
data released by the Department of Industrial Policy and Promotion (DIPP).
9.
10. AUTOMOTIVE INDUSTRY
• The Indian auto industry is one of the largest in the world. The
industry accounts for 7.1 per cent of the country's Gross Domestic
Product (GDP). The Two Wheelers segment with 80 per cent market
share is the leader of the Indian Automobile market owing to a
growing middle class and a young population.
• Production of passenger vehicles, commercial vehicles, three
wheelers and two wheelers grew at 5.41 per cent in FY17 to
25,316,044 vehicles from 24,016,599 vehicles in FY16.
• The sales of passenger vehicles, commercial vehicles and two
wheelers grew by 9.23 per cent, 4.16 per cent and 6.89 per cent
respectively, during the period April-March 2017.
• The industry has attracted Foreign Direct Investment (FDI) worth
US$ 17.40 billion during the period April 2000 to June 2017,
according to data released by Department of Industrial Policy and
Promotion (DIPP).
11.
12. MINING INDUSTRY
• India is third largest producer of coal with projected
production of 630.25 million tonnes in FY15.
• India ranks fourth globally in terms of iron ore production.
In FY14, the country produced 136.4 million tonnes of
iron ore.
• India has become the Third-largest steel producer in
2015 with the production of total finished steel at 91.46
million tonnes.
• In 2014, India has the sixth-largest bauxite reserves of
about 3,290 million tonnes or 3.19 per cent of world
deposits.
13.
14. TEXTILE INDUSTRY
1. They account for the largest sector of the textile production
in India. This sector has a share of 62% of the India's total
production and provides employment to about 4.8 million
people.
2. The Cotton Sector is the second most developed sector in
the Indian Textile industries.
3. The Indian textiles industry, currently estimated at around
US$ 120 billion, is expected to reach US$ 230 billion by
2020.
4. The textiles sector has witnessed a spurt in investment
during the last five years. The industry (including dyed and
printed) attracted Foreign Direct Investment (FDI) worth US$
2.55 billion during April 2000 to June 2017.
15.
16. CONCLUSION
• The growth of Indian principle industry is very fast and is
rising day by day.
• But few of the industry are growing but the growth is less
in other industries.
• It is good that industries are contributing to the GDP of
the country but it is also necessary to look of the
optimum utilization of resources.
• The industries are utilizing resources so fast that our
future generation will be deprived of the resources like
oil, coal etc.