Raju, K V; Dr.Jose, Payyappilly T(Cochin University of Science and Technology, November 7, 1990)
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Abstract:
The importance of industrialisation in achiering rapid
economic growth has been recognised in India's development
strategy ever since the inception of economic planning in the
country. Being the secondary sector in the generation of national
income. industry contributes significantly to the process
of economic development. Extensive debates have taken place on
the nature of the industrialisation strategy to be pursued in
the economy since Independence. This is reflected in the
industrial policy which evolved through the various five year
plans and policy resolutions. Stupendous efforts have been
made by the government since the commencement of planning and
particularly since the 1960s to industrialise the Indian economy
and develop the infrastructural base for sustained industrial
development. It is difficult to assess the performance of the
industrial sector over the past three decades with respect to
the broad objectives of industrialisation. However. there are
certain areas in which the achievements have been clearly
significant.
Description:
School of Management
Studies, Cochin University of Science and Technoloqy