Page 1 of 5
Journal for Studies in Management and Planning
Available at
http://edupediapublications.org/journals/index.php/JSMaP/
e-ISSN: 2395-0463
Volume 02 Issue 12
December 2016
Available online: http://edupediapublications.org/journals/index.php/JSMaP/ P a g e | 124
Role of Industrial Sector in the Economy of Haryana
Naib Singh
Assistant Professor Deptt. Of Commerce Rajiv Gandhi Govt. College, Saha
Abstract
The aim of this paper is to highlight the
contribution of the industrial sector in the
economic development of Haryana.
Industries are the important key for the
development of any economy. Industrial
development contributes to the Gross
Domestic Product to the great extent.
Haryana has attained the significant
position in the production of passenger cars,
cranes, two-wheelers and tractors. The state
is the third largest exporter of software
products. The development of industrial set
up in Haryana is helpful for the economy
because this sector is providing the
employment opportunities, infrastructure,
entrepreneurship culture and business of
foreign trade.
Key Words: Small Scale Sector, Gross
Domestic Product, Gross State Value
Added.
Introduction
Industries play important role in the
economic development. Industrial sector is
the important component of economic
environment. The population engaged in
industrial sector is regarded as the important
factor for distinguishing the developed and
developing economy. All the industrial
sectors viz. small scale sector, medium scale
industrial sector and large industrial sector
contribute in the gross domestic product
(GDP) in the significant manner. For
creating the sound base of infrastructure in
the country, the manufacturing process is
needed. The growth of core industrial sector
is necessary for the growth of economy.
Various core industries include eight
industrial sectors comprising coal industry,
crude oil industry, natural gas industry,
refinery industry, fertilizer industry, steel
industry, cement industry and electricity
industry. The development of all other
important industries is based on the
development of core industrial sector.
Industrial sector can also be divided on the
two broader categories i.e. manufacturing
industries and services industries.
Manufacturing industries are those
industries which produce the goods for the
consumption.
Page 2 of 5
Journal for Studies in Management and Planning
Available at
http://edupediapublications.org/journals/index.php/JSMaP/
e-ISSN: 2395-0463
Volume 02 Issue 12
December 2016
Available online: http://edupediapublications.org/journals/index.php/JSMaP/ P a g e | 125
The examples of these types of industries
are Automobile industry, Cement industry,
Footwear industry and Textile industry etc.
Services industries provide various services.
The example of these industries is the
banking sector, insurance sector, education
sector and IT sector etc. Industrial sector
provides employment, entrepreneurship,
products, profits, investment and revenue to
the various sectors of the society and the
Government.
Objectives of the Study
The main objective of this paper is to
highlight the contribution of the industrial
sector in the economic development of
Haryana. Industrial sector supports the
economy in the various forms. For
identifying the role of the industrial sector in
the economy of the state, the growth of the
industrial sector of Haryana is considered in
this paper.
Research Design
Present study is based on three main parts.
First part of the study includes the
introduction of the industrial sector. Middle
section presents the contribution of the
industries in the economy of Haryana.
Ending segment includes the conclusion part
which is the essential part of this paper.
Secondary data have been used for analyse
the role of the industrial sector. This study is
of descriptive nature which can not be
applied in particular industrial sector.
Industrial Sector of Haryana
Haryana is the smallest state of the country
from the point of view its geographical
nature. But the state is having strong
industrial base. Various districts of Haryana
are famous for their industrial growth.
Scientific industry of Ambala, Timber
industry of Jagadhri, Automobile industry of
Faridabad, IT industry of Gurugram, Paper
industry of Yamunanagar, Textile industry
of Panipat are the famous industries.
Ambala is famous as the City of Scientific
Instruments. The small scale scientific
industrial units of this district manufacture
nearly 34 percent of the total production of
the scientific instruments produces in the
country. Haryana has attained the significant
position in the production of passenger cars,
cranes, two-wheelers and tractors. The state
Categories of Industries
Manufacturing
Industries Services Industries
Page 3 of 5
Journal for Studies in Management and Planning
Available at
http://edupediapublications.org/journals/index.php/JSMaP/
e-ISSN: 2395-0463
Volume 02 Issue 12
December 2016
Available online: http://edupediapublications.org/journals/index.php/JSMaP/ P a g e | 126
is the third largest exporter of software
products.
The small, medium and large scale
industries have attained significant growth
in Haryana from the year of its inception in
the significant manner. Table 1 depicts the
growth of industrial sector in Haryana.
Table 1: Growth of Industrial Sector in Haryana
Year Small Scale Industrial Units Large and Medium Industrial Units
1966-67 4,753 162
1980-81 26,706 291
2000-01 74,170 1,095
2013-14 88,014 1,654
Source: Report on Haryana at a Glance, 2015
Table 1 depicts that in 1966-67, there were
only 4,753 small industrial units in the state
which have increased to 88,014 in 2013-14.
Similarly only 162 large industrial
undertakings were in existence in 1966-67
which has increased to 1,654 in 2013-14.
Small scale sector has attained important
growth in the state. Small industrial units of
the state are manufacturing various types of
products ranging from the ordinary
consumer products to advanced industrial
products. Small industrial units are utilizing
the local resources in the effective manner.
These units are employment oriented units.
The state has become the preferred
destination of the domestic and foreign
investors.
Fig 1: Gross State Value Added (GSVA) from Industrial Sector in Haryana (At 2011-12
Prices) in Rs. Crore
2011-12 2012-13 2013-14 2014-15 2015-16
85859.44
93902.64 96546.61 102249.13 110592.31
