Assistant Professor, Department of Management, Indus School of Business Management
Online published on 13 February, 2014.
Industrialisation plays an important role in the economic progress of underdeveloped countries, like India and Investment and capacity additions are critical for sustained industrial growth.The purpose of this paper is to make a comparative study of growth & investment of Industrial sector in India.After recovering to a growth of 9.2 per cent in 2009–10 and 2010–11, growth of value added in industrial sector, comprising manufacturing, mining, electricity and construction sectors, slowed to 3.5 per cent in 2011–12 and to 3.1 percent in the current year. The manufacturing sector, the most dominant sector within industry, also witnessed a decline in growth to 2.7 per cent in 2011–12 and 1.9 per cent in 2012–13 compared to 11.3 per cent and 9.7 per cent in 2009–10 and 2010–11, respectively. The growth in electricity sector in 2012–13 has also moderated. With improved business sentiments and investor perception and a partial rebound in industrial activity in other developing countries, industrial growth is expected to improve in the coming financial years.
Industry, Performance, Industrial Growth, Investment
