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Industry


silicon industry

Information Technology Industry

Software Development Hotspots: Bangalore, Hyderabad, Mumbai, Pune, Chennai, Calcutta, Delhi-Noida-Gurgaon belt, Vadodara, Bhubaneswar, Ahmedabad, Goa, Chandigarh, Trivandrum

Software exports has major share in India's total exports. As of the year 2004-05, both software and services revenue grew by 32 percent to $ 22 billions and $ 28.5 billions in 2005-06. According to NASSCOM, India's domestic market grew by 24 per cent.

A large part of India’s success in the software sector is due to the crucial role played by the State of Karnataka in promoting and providing a boost to IT. Karnataka has emerged as the computer capital and center of high-tech industries, especially software. Bangalore has for long been known as India’s answer to Silicon Valley, and this is the city where most large software companies have set up shop and operate out of state-of-the-art facilities. The Government of Karnataka has also been extremely positive about the software
and services marketplace and has helped create the relevant telecom and policy infrastructure conducive to the growth of this sector. (Business Week)

 

 

chemical plant

Manufacturing Industry

Manufacturing Industries: Textiles, chemicals, food processing, steel, transportation equipment, and machinery . Both private and publicly owned and operated companies are involved in manufacturing.
The steel industry, for example, is one in which a privately owned corporation, the Tata Iron and Steel Company at Jamshedpur (production began in 1911) is among the largest and most successful producers.
Foreign corporations, however, have been slow to invest in Indian industry because of excessive regulation (subsequently relaxed) and rules limiting foreign ownership of controlling shares.
The long-established textile industries—especially cotton but also jute, wool, silk, and synthetic fibers—account for the greatest share of manufacturing employment.

Consumer goods industries, though widely dispersed, are largely concentrated in large cities. To spread the benefits of development regionally and to alleviate metropolitan congestion, state governments have sponsored numerous industrial parks (or estates), for which entrepreneurs are offered various concessions, including cheap land and reduced taxes. Such programs have been fairly successful.

Among the heavy industries, metallurgical plants, such as iron and steel mills, typically are located close either to raw materials or to coal, depending on the relative mix of materials needed and transportation costs.

Chota Nagpur Plateau has become India's principal area for heavy industry, including many interconnected chemical and engineering enterprises. Production of heavy transportation equipment, such as locomotives and trucks, is also concentrated there.