The document provides an overview of several large scale industries in India including iron and steel, automobile, textile, and petroleum. It discusses the types and importance of large scale industries and highlights some key statistics and facts about the iron and steel, automobile, and textile industries. For example, it notes that India is the seventh largest steel producer in the world and the automobile industry contributes 7.1% to India's GDP. The textile industry provides employment to over 35 million people.
The document provides an overview of several large scale industries in India including iron and steel, automobile, textile, and petroleum. It discusses the types and importance of large scale industries and highlights some key statistics and facts about the iron and steel, automobile, and textile industries. For example, it notes that India is the seventh largest steel producer in the world and the automobile industry contributes 7.1% to India's GDP. The textile industry provides employment to over 35 million people.
The document provides an overview of several large scale industries in India including iron and steel, automobile, textile, and petroleum. It discusses the types and importance of large scale industries and highlights some key statistics and facts about the iron and steel, automobile, and textile industries. For example, it notes that India is the seventh largest steel producer in the world and the automobile industry contributes 7.1% to India's GDP. The textile industry provides employment to over 35 million people.
infrastructure man power and heavy capital of more than rupees ten crores.
•Though India ranks 10th among industrialised
nations , industrial development has been very slow TYPES OF LARGE SCALE INDUSTRIES
• 1.The basic industries
• 2.Capital Goods Industries
• 3.Intermediate Goods industries
• 4.Consumer Goods Industries.
REASONS FOR SLOW INDUSTRIALIZATION :
•1.Colonial rule for two hundred years.
•2.Scarcity of capital •3.Shortage of skilled labour •4.Lack of infrastructure •5.Shortage of raw materials •6.Limited Market IMPORTANCE OF LARGE SCALE INDUSTRIES
•1. Reduces problem of Unemployment
•2. Proper utilization of resources •3. Source for Government Revenue •4. Development of Basic Infrastructure •5. Modernisation of Agriculture. INDEX OF INDUSTRIAL PRODUCTION (IIP)
• It measures short-term changes in the volume of
production of industrial products. • It is compiled and published monthly by the Central Statistical Organization (CSO) six weeks after the reference month ends. • The current base year is 2011–2012 • The Eight Core Industries - Electricity , steel, refinery products, crude oil, coal, cement, natural gas and fertilizers - comprise nearly 38 % of IIP. INDIAN IRON AND STEEL INDUSTRY INTRODUCTION • The Indian iron and steel industry is nearly a century old, with Tata Iron & Steel Co as the first integrated steel plant to be set up in 1907. The steel industry is expanding worldwide. The economic modernization processes in these countries are driving the sharp rise in demand for steel. • Iron and Steel Industry in India is on an upswing because of the strong global and domestic demand. India's rapid economic growth and soaring demand by sectors like infrastructure, real estate and automobiles, at home and abroad, has put Indian steel industry on the global map. According to the latest report by International Iron and Steel Institute (IISI), India is the seventh largest steel producer in the world. • The iron and steel industry in India is organised in three categories main producers, other major producers and the secondary producers. In 2004-05, the main producers i.e. SAIL, TISCO and RINL had a combined capacity of around 50% of India’s total steel production capacity and production. The other major producers — ESSAR, ISPAT and JVSL — account for around 20% of the total steel production capacity During 2014 through 2015, India was the third largest producer of raw steel. * The industry produced 91.46 million tons of total finished steel * The National Steel Policy 2005 is currently being reviewed keeping in mind the rapid developments in the domestic steel industry (both on the supply and demand sides) *Price regulation of iron & steel was abolished on 16.1.1992. Since then steel prices are determined by the interplay of market forces. India’s export of Iron and Steel (In million tons) A Look at global production (In million metric tons) AUTOMOBILE INDUSTRY IN INDIA • Sixth largest producer in the world with an average annual production of 24 million vehicles in 2016.
• India has fifth largest passenger vehicle and commercial vehicle
market
• Presence of four large auto manufacturing hubs across the country:
Delhi-Gurgaon-Faridabad in the north, Mumbai-Pune-Nashik- Aurangabad in the west, Chennai- Bengaluru-Hosur in the south and Jamshedpur-Kolkata in the east.
• Contributes to 7.1 % of GDP by volume.
• Two-wheeler production has grown from 8.5 million units annually
to 15.9 million units in the last seven years. INDUSTRY STATISTICS • Domestic Market Share : 2015-16 • Passenger Vehicles 14% • Commercial Vehicles 3% • Three-wheelers 3% • Two-wheelers 80%
• The automotive industry accounts for 45% of the country’s
manufacturing GDP.
• Employs about 19 million people both directly and indirectly.
• Of 24 million vehicles produced - 3.64 million are exported
GOVT POLICIES • 100% FDI is allowed under the automatic route
• Manufacturing and imports in this sector are exempt from
licensing and approvals.
• The encouragement of R&D by offering rebates on R&D
expenditure.
• In the Union budget of 2015-16, the Govt has announced plans to
provide credit of Rs 850,000 crore (US$127.5 billion) to farmers, which is expected to boost sales in tractors segment.
• Agency Concerned - Department of Heavy Industries, Ministry of
Heavy Industries & Public Enterprises TEXTILE INDUSTRY TEXTILE INDUSTRY Textile industry is primarily concerned with design and production of yarn, cloth, clothing and their distribution. Role of textile industry in India • Textile industry contributes 4% to India’s GDP. • It contributes nearly 14% to India’s industrial production. • Textile industry contributes 12% to India’s export earnings. • Provides employment to over 35 million in the country. • Current level of India’s share in world trade is 4.5% Indian textile industry can be divided into the following segments - •Cotton textiles •Silk textiles •Woolen textile •Man made fibers •Handloom sector •Jute sector •Textile Production centers – Amritsar, Delhi, Faridabad,Modinagar, Kanpur, Kolkata, Surat, Chennai, Bangalore , Madurai.
•Players in Textile Industry-
1. Welspun India Ltd 2. Raymond Industries 3. Bombay dyeing 4. Garden silk mills 5. ITC Lifestyle Ministry of Textiles •Is responsible for the formulation of policy, planning, development, export, promotion and regulation of textile industry in India.