India Industry

In today's era if a country needs to progress then it must have well developed industries. An industry has basically 4 sectors on which it operates namely:

Indian Industrial Sector
The Industrial revolution in England proved to be a milestone in the history of England. This revolution made people realize the importance of developing industries. In India, though agricultural sector remains to be the main sector, the fathers of development understood the importance of developing industries and thanks to their vision that today India has achieved self sufficiency in manufacturing various goods. Today India is a major manufacturer of cars, locomotives, ships, aircrafts, chemicals, computers, heavy electrical machinery etc.

Top Industrialists and Industries of India
Today India has the top industries and industrialists of the world. Reliance, Tata, Birla are some of the top industries whereas Ratan Tata, Vijay Mallya, Anil Ambani, Sunil Bharti Mittal are some of the reputed industrialists. NRI's too play a vital role, and realizing this, the government has made several schemes to attract NRI's in India. Today the NRI's are allowed 100 % investment in 34 priorities. FERA (Foreign Exchange Regulation Act) has also been amended to draw foreign investors in India.

Development of Infrastructure to Boost Industrial Growth
Infrastructure is one of the major requirements of industries and keeping that in mind the government is doing its best to develop infrastructure. Railways, road transport, shipping, telecommunications are being developed rapidly so that there is easy mobilization of goods from one place to another. Industries are mainly divided into two categories:

The government is trying its best to make India one of leaders in industrial sector. So it must frame policies to make India a global industrial power.