MAIN INDUSTRY OF INDIA:
AGRICULTURE: According to the corporate catalyst India (CCI) survey, India is the 2nd largest food producer in all over the world .Agriculture is the main industry of India. Food processing industry is the largest industry of India in terms of export, consumption , production, &expected growth India gets 5th position .It is estimated that Indian food industry would reach up to $300 billion in 2015.agriculture is an important sector for every nation and it is the major source of livelihood more than 58% of the population .during 2010-2011,it is expected that agriculture and allied sectors growth would be 5.4%.according to the economic survey 2010-2011,India basic target was to achieve 9.5% average economic growth in the 12th 5 years plan. Targets for 12th 5 years plan are announced by Abhijit Sen who is the deputy chairman of planning commission.
In 2010-2011 there was a record increase in the grain production up to 241.6 million tones .India is the 5th largest exporter of agricultural products in all over the world .According to an estimate India produces 30% of the world bananas & papaya and 40% of the world mangoes .India gets the 1st position in the world largest production of grapes .India is the 2nd largest producer of vegetables. India gets the 2nd position in the production of cabbage ,onion and brinjal and 3rd position in tomatoes & potatoes in all over the world.
India also exports 300,000 tones rice to India .India is the 5th largest trading partner of Burma .According to the report of coffee organization (ICO) the Indian exports of coffee increased up to 42% or 360,540 tones in 2010-2011.The institutes which are responsible for the development of agriculture industry are National Bank for Agriculture & Rural Development(NBARD)
which provide the loans to farmers for short & medium term for the development of agricultural sector, National centre for food technology, Cabinet committee of economic affairs, Ministry of Agricultural development,IDBI bank and Reserve bank of India etc.
AUTOMOBILES:
India is the 2nd fastest growing auto market in all over the world .There is a tremendous growth in this sector .India is a very suitable place for automobile manufacturers due to its favorable demographics ,changing life style ,higher disposable income and positive industrial economic system and tremendous economic growth .It is expected that India would become 3rd world biggest automobile maker in the next few decades .For the fiscal year 2011.the market share of Maruti Suzuki was 48.74 % while market share of Hyundai was 18.10% ,market share of General Motors India and Honda siel cars India (HSCI) was 4.40% and 2.97% respectively. Society of Indian Automobile manufacture issued the date which reported that the Maruti have 43% of total Indian passenger car market .Hyundai Motors Company launched the economical model ‘ Eon’ in India which is shaped off by Maruti Suzuki India ltd.In the year 2011 company expected about 140000-150000 ‘Eon’ cars would be sold .The institutions which are responsible for the development of automobile industry in India are National Automotive Board (NAB) which deals with the issues regarding recall of vehicles and improve manufacturing standards, Industrial development bank India, State industry training institutes ,Automotive research association of India(ARAI),Reserve bank of India etc.
STEEL: Indian steel industry making progress from last 4000 years. In the fiscal year 2004-2005 the growth in the finished steel is reported up to 4% and it increased up to 28.3 million tones. In all over the world ranking Indian steel industry gets the rank of 10th.Major institutions which are responsible for the development of Indian steel industry are Durgapur steel plant, Bokaro steel plant ,steel authority of India , rourkela steel plant and Bilai steel plant.
PETROLEUM:
On of the oldest petroleum industry of the world is situated at India .Today, India is the most wonderful oil market in the world today. After 60 years of independence the oil sector in India is consistently making progress like ONGC. Major institutions which are responsible for the development of Indian petroleum refining and marketing are HFCL,BPCL,IOC.SOFTWARE:
The tremendous progress if India in I.T sector reveals that the India is a knowledge based economy ,which makes the growth to the extent of surprise from last few decades .The compounded annual growth rate is 42.3% .The projection which is made by NASSCOM’s the software industry contribution estimated to grow up to 7% by 2008. Major institutions which are responsible for the development of Indian software industry are TCS(TATA consultancy services),WIPRO,Infosys,Satyam computer services, HCC Technologies,Tech mahindra,Patni computer system,i-flex solution,Mphasis, L&T Info tech.FOOD PROCESSING:
India is one of the important food processing in all over the world but its international food trade less than 1.5% .It is estimated in 2004 that food processing industry in India is RS 3150 bn .It is estimated that the growth rate of industry would be 9%-12%.,But when we estimated the growth would be 6%-8%.The food processing industry in India is employed 1.6 million workers .It is projected to grow up to 37 million in 2025. .Major institutions which are responsible for the development of Indian food processing industries are Dabur food ltd,Godrej beverages food ltd , Amul, Hindustan uniliver ltd,ITC,Britania,Kohinoor foods ltd,Mothers dairy,Nestle India ,PepsiCo india,Coca-Cola India pvt. Ltd,Marico ltd,Venkys India ltd.
