| Industrial sector is a pressing need of developing countries like India. Because of scarcity of capital, underutilization of natural resources, population explosion, under developed infrastructural facilities, low level of technology, political instability, excessive dependence on agriculture, excessive dependence on imports and social attitude the growth is very slow. An effective development policy is to be farmed to attempt to increase the use of labour, relative to capital to the extent that it is economically efficient. Industrial development is possible by providing adequate infrastructure and other facilities. It may also be necessary to have well conceived programme of industrial development appropriate to situations. |