what will the conclusion of the project topic industries
Answers
Explanation:
6.1 Introduction
Industry is an important economic activity of human mankind. Industry is
related with processing of raw material, production of goods which are used by
consumers. Industry is a systematic activity which manufactures goods to satisfy
human wants and organize by employee and employers. Industrialization transforms
human group from an agrarian society into an industrial society. Industrialization is a
part of social and economic change where economic development through
modernization has takes place. Research in industrial development and industrial
investment in India and Maharashtra has been studied mostly at institutional level.
The investment in industrial sector was continuously increasing over the Five Year
Plans in India. Industrial structure is diversified because of new industrial policies and
ending of license permit system. New investments in private, co-operative and
collaborative sectors are always welcome from State to national level. Maharashfra is
a leading State in India atfracting capital investment in industry sector. Maharashtra is
a major contributor to the nation's economy and employment generation with net total
output in first rank in study period. MDDC, CIDCO and other institutions are the
entity which energized industrial growth in the State. The industrial investment
certainly changed the socio-economic scenario of the State as its activities spread in
the interior industrial investment determine the increase in the share of the industrial
sector in Gross State Domestic Product and Net State Domestic Product.
6.2 Summary
Chapter - 1 : Industrialisation has a crucial role to play in the economic development
of under developed countries. The industrial sector, which possesses a relatively high
marginal propensity to save and invest, contributes significantly to the eventual
achievement of a self-sustaining economy with continued high levels of investment
and rapid rate of increase in income and employment. Besides, the process of
industrialisation is associated with the development of mechanical knowledge,
attitudes and skills of industrial work, with expertise of business and industrial
management as well as with other attributes of a modem society which, in turn, are
beneficial to the growth of productivity in agriculture, trade, commerce and other
related sectors of the economy. As a consequence of these factors, any successfial
Explanation:
industry is an economical activty