what were the problems of indian industries ?
Answers
Answer:
Dearth of facilities and lack of advanced knowledge prove to be big hurdles in the way of development of the industries in India. India is yet to reach the state of being self-sufficient. We will discuss the five major issues that the Indian industries are facing currently that mar its rapid growth.
Answer:
Industry has developed elite oriented pattern. Concentration of economic power in the hands of few, regional imbalances, sickness of industries, loss in public sector industries, unsatisfactory labour relations, lack of capital and industrial raw materials, changing policy of the government, and defective licensing policy are some of the problems which are hindering the overall industrial development in the country.
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