Industrial development provides basic infrastructure necessary for the development of the economy as a whole. Adoption of planning in 1951 created a favourable atmosphere for the development of industries in India.
A large number of industries have been established in the post-independence India in private, public and joint sectors. Bhilai, Bokaro, Rourkela, Ranchi, Renukoot emerged as major centers during the first one and half decades of independence. There are a lot of industrial resources and raw materials available in India.
Industrial Sector makes up 18% of India`s GDP and employs 19% of the labour force. The major sub-industries include textiles, chemicals, food processings, sugar, steel, transportation equipment, cement, mining, petroleum, machinery, software and pharmaceuticals.