Indian Manufacturing Sector: A Review on the Problems&Declining Scenario of Indian Industries

Industries are the backbone of any growing economy and things go worst when the same is on decline. As our topic lies, Indian industries are not registering substantial growth or are on a far decline in this behalf. Considering to the north-west region of India, industries are not a much even started or have been in their shut down stage at large, with some opposite positive instances in the state of Punjab and Rajasthan. Still in these clusters too, in the state of Punjab particularly, industries are feeling heats out of non-responsive state policies, well visible in days-to-day regional news. Except a few Industrial Clusters in India, Else regions are well away from the age of industrialisation and are facing challenges in their growth there by. In this research we have afforded out to address out the same with the help of existing available literature and research work as well as other secondary data available on industries. We have defined out some areas and goals where industry as well as concerned governments need to focus upon. It is also tried define out the research grey area, in order to let the researchers work ahead for the discovery of the same.