*School of Business Economics Shri Mata Vaishno Devi University, Katra, J&K – 182320 E-mail: saurabh.sri@smvdu.ac.in, robsriinc@gmail.com
**University of Lucknow, Lucknow E-mail: drarchana.lu@gmail.com
Online published on 17 March, 2012.
Industrialisation has been an integral issue for the development of the state in a developing economy. The level of industrialisation is analysed by the level of investment input mobilised for the heavy industries in terms of the fixed capital. The fixed capital investment describes the commitment of private as well as public sector in the industrial growth of the state. This may be accorded as the faith in the policy as well as the increase in the confidence of the entrepreneurial activities in the state. Uttar Pradesh has been one of the largest and leading states in terms of the population as well as gross resources in the India. The post reform policy of the economic development has envisaged a self dependent and with more than nine percent growth rate of the country. Hence the target of achieving the goal does requires the huge contribution of the state like Uttar Pradesh which had seen a negative growth rate of 4.3 percent. The State of Uttar Pradesh has an apparition of new developed state and industrialisation is one of the means to this. The paper has an objective to analyse the direction of entrepreneurial activities that can help the policy makers to trigger the industrial investment in the various regions of Uttar Pradesh. The paper tries to find out the agglomeration of investment in various kinds of industries in the four regions of Uttar Pradesh with the help of balassa index.
Heavy Industry, Uttar Pradesh, Investment, Balassa Index