Topic

Industrial Development

Detailed explanation of Industrial Development in India - Industrial Policies, PSUs, Make in India

Learning Content

๐Ÿญ Career Development - Introduction

India's industrial development history, policies and key institutions

๐Ÿ›๏ธ Industrial Development - SVG Overview
๐Ÿญ Indian Industrial Development ๐Ÿ›๏ธ Large Scale Industries Big factories Steel, Automobile, Cement Petroleum, Heavy Machinery Investment: >10 Crore ๐Ÿข MSME Sector Small & Medium Enterprises Micro: <1 Cr | Small: <10 Cr Medium: <50 Cr 63 Million Units | 30% of GDP ๐Ÿ  Cottage Industries Cottage industry Handloom, Handicrafts Khadi, Village Industries Family Based | Low Capital ๐Ÿ“‹ Key business principles IPR 1948 Mixed Economy Public + Private 1st Industrial Policy IPR 1956 Economic Constitution Socialist Pattern 3 Schedules IPR 1991 LPG Reforms Liberalization FDI, Privatization Make in India 2014 - PM Modi 25 Sectors Manufacturing Hub ๐Ÿ‡ฎ๐Ÿ‡ณ Contribution of Indian Industry GDP Contribution: ~25% | Employment: ~20% | FDI: $84 Billion (2022-23) India = 5th Largest Manufacturing Nation | Target: $1 Trillion by 2025
๐Ÿ“Š Industry Classification
Large Scale Investment > โ‚น10 Crore
Medium Investment โ‚น10-50 Crore
Small Investment โ‚น1-10 Crore
Micro Investment < โ‚น1 Crore
MSME Contribution 30% GDP, 48% Exports

๐Ÿ“œ Industrial Policies

๐Ÿ“Š Industrial Policies Timeline - SVG
๐Ÿ“œ Business Principles Timeline ๐Ÿ“‹ IPR 1948 - First Industrial Policy Mixed Economy Foundation โ€ข Public + Private Sectors โ€ข Defence, Atomic Energy = Govt Only PM: Jawaharlal Nehru ๐Ÿ“‹ IPR 1956 - Economic Constitution Socialist Pattern of Society โ€ข Schedule A: 17 Industries (Govt.) โ€ข Schedule B: 12 โ€‹โ€‹Industries (Mixed) โ€ข Schedule C: Private Sector ๐Ÿ“‹ IPR 1991 - LPG Reforms Liberalization, Privatization, Globalization โ€ข License Raj Abolished โ€ข FDI Allowed | PSU Disinvestment PM: Narasimha Rao | FM: Manmohan Singh ๐Ÿ“‹ Make in India 2014 Manufacturing Hub of World โ€ข 25 Sectors Identified โ€ข Ease of Doing Business PM: Narendra Modi | Lion Logo ๐ŸŽฏ IPR 1956 - 3 Schedules Detail Schedule A (17): Arms, Atomic, Railways, Air, Iron Steel - Govt Monopoly Schedule B (12): Chemical, Fertilizers, Drugs - Govt Progressive Entry Schedule C: All Others - Private Sector Allowed
๐Ÿ“Š Industrial Policies Comparison
Policy Year Focus Key Features
IPR 1948 1948 Mixed Economy Public + Private
IPR 1956 1956 Socialist Pattern 3 Schedules (A,B,C)
IPR 1977 1977 Small Scale Khadi, Village Industries
IPR 1980 1980 Modernization Indira Gandhi
IPR 1991 1991 LPG Reforms License Raj End
Make in India 2014 Manufacturing 25 Sectors

๐Ÿ›๏ธ Public Sector Undertakings (PSU) & Privatization

๐Ÿ“Š PSU Categories - SVG
๐Ÿ›๏ธ PSU Classification (Ratna Status) ๐Ÿ‘‘ Maharatna Maharatna (12 PSUs) Net Profit: โ‚น5000+ Cr (3 Yrs) Turnover: โ‚น25,000+ Cr ONGC, IOC, NTPC, Coal India SAIL, BPCL, GAIL, BHEL ๐Ÿฅˆ Navratna Navratna (14 PSUs) Net Profit: โ‚น1000+ Cr Turnover: โ‚น5000+ Cr HAL, NALCO, NMDC Engineers India, NLC ๐Ÿฅ‰ Miniratna Mini Ratna (74 PSUs) Cat I: Profit 3 Yrs, โ‚น30+ Cr Cat II: Profit 3 Yrs Airport Authority, IRCTC Balmer Lawrie, RITES ๐Ÿ’ฐ Disinvestment ๐Ÿ“ˆ Disinvestment Types โ€ข Minority Sale (<50%) โ€ข Strategic Sale (>50% + Control) DIPAM handles disinvestment ๐Ÿ›๏ธ Recent Privatizations โ€ข Air India โ†’ TATA (2022) โ€ข BPCL, LIC IPO (Partial) National Monetization Pipeline ๐ŸŽฏ Key Facts: Total CPSEs = 389 | Maharatna = 12 | Navratna = 14 | Miniratna = 74 1st Maharashtra: ONGC, IOC, NTPC, SAIL (2010) | DIPAM = Department of Investment & Public Asset Management
๐Ÿ“Š Maharatna PSUs List (12)
# PSU Name Sector
1 ONGC Oil & Gas
2 Indian Oil Corporation Petroleum
3 NTPC Power
4 Coal India Mining
5 SAIL Steel
6 BHEL Heavy Electrical
7 GAIL Natural Gas
8 BPCL Petroleum
9 HPCL Petroleum
10 Power Grid Power Transmission
11 Power Finance Corp Finance
12 REC Ltd Finance

๐Ÿฆ Make in India & Industry Projects

๐Ÿ“Š Industrial Initiatives - SVG
๐Ÿฆ Make in India & Industrial Initiatives ๐Ÿฆ Make in India (2014) 25 Sectors | Lion Logo | Manufacturing Hub Target: Manufacturing GDP 25% by 2025 ๐Ÿญ PLI Scheme (2020) Production Linked Incentive 14 Sectors | โ‚น1.97 Lakh Cr Mobile, Pharma, Auto, Textile ๐Ÿ—๏ธ National Infra Pipeline NIP 2019-2025 โ‚น111 Lakh Crore Investment 7400+ Projects ๐ŸŒ Digital India (2015) Digital Infrastructure e-Governance, BharatNet Digital Literacy Mission ๐Ÿš€ Start-up India (2016) Entrepreneurship Promotion Tax Holiday 3 Years 1 Lakh+ Startups Registered ๐Ÿค Stand-up India (2016) SC/ST/Women Entrepreneurs โ‚น10 Lakh - โ‚น1 Crore Loan Bank Branch Based ๐Ÿญ Atmanirbhar Bharat Self-Reliant India (2020) โ‚น20 Lakh Crore Package 5 Pillars: Economy, Infra, Tech ๐ŸŽฏ Special Economic Zones (SEZ) SEZ Act 2005 | Tax Holiday | Export Focus | 268 SEZs Operational 1st SEZ: Kandla (Gujarat) 1965 | Largest: SEEPZ Mumbai
๐Ÿ“Š Industrial Schemes Table
project year Purpose
Make in India 2014 Manufacturing Hub, 25 Sectors
Digital India 2015 Digital Infrastructure
Start-up India 2016 Entrepreneurship
Stand-up India 2016 SC/ST/Women
PLI Scheme 2020 Production Incentive
Atmanirbhar 2020 Self-Reliance

๐Ÿ’ฐ FDI & Industrial Corridors

๐Ÿ“Š FDI Routes - SVG
๐Ÿ’ฐ FDI in India (Foreign Direct Investment) โœ… Automatic Route No Govt Approval required Most Sectors: 100% FDI Allowed IT, E-commerce, Manufacturing ๐Ÿ“‹ Government Route Govt Approval required Defence, Media, Multi-brand Retail FIPB Abolished 2017 ๐Ÿ›ค๏ธ Industrial Corridors (5 Major) ๐Ÿ›ค๏ธ DMIC Delhi-Mumbai 1500 km | Largest Corridor ๐Ÿ›ค๏ธ CBIC Chennai-Bengaluru 560 km | South India ๐Ÿ›ค๏ธ AKIC Amritsar-Kolkata 1800+ km | Longest ๐Ÿ›ค๏ธ VCIC Vizag-Chennai 800 km | East Coast ๐Ÿ›ค๏ธ BMIC Bengaluru-Mumbai 1000 km | West India ๐ŸŽฏ FDI Inflow: $84 Billion (2022-23) | Top: Mauritius, Singapore, USA | Sectors: Services, IT, Telecom
๐Ÿ“Š FDI Limits by Sector
Sector FDI Limit Route
Defence 74% (100% in special cases) Govt
Insurance 74% Automatic
Telecom 100% Automatic (49%) + Govt
Banking (Pvt.) 74% Automatic
Manufacturing 100% Automatic
IT & BPO 100% Automatic
Single Brand Retail 100% Automatic
Multi Brand Retail 51% Govt

๐ŸŽฏ Career Development - Shortcuts & Memory Tricks

๐Ÿง  Quick Memory SVG
๐ŸŽฏ INDUSTRIAL DEVELOPMENT - MEMORY TRICKS ๐Ÿ“œ POLICY YEARS TRICK "48-56-91" 1948 (1st) - 1956 (Main) 1991 (LPG) - Key Years ๐Ÿ‘‘ RATNA TRICK "12-14-74" Maharatna 12 | Navratna 14 Miniratna 74 ๐Ÿฆ MAKE IN INDIA "2014-25-Lion" Year 2014 | 25 Sectors Lion Logo | PM Modi ๐Ÿ“‹ IPR 1956 - "ABC" TRICK A=17 (Govt) | B=12 (Mixed) | C=Private "A for Arms, Atomic = Govt Only" Economic Constitution of India ๐Ÿ›ค๏ธ CORRIDORS TRICK "D-C-A-V-B" = Delhi-Chennai-Amritsar DMIC-CBIC-AKIC-VCIC-BMIC AKIC = Longest (1800+ km) ๐Ÿ’ฐ LPG 1991 TRICK "Rao-Manmohan-LPG" Liberalization-Privatization-Globalization License Raj End | FDI Open ๐ŸŽฏ MASTER ONE-LINER "48-56-91 | 12-14-74 Ratna" "Make in India 2014-25" "MSME 30% GDP | PLI 14 Sectors"
๐Ÿ“ Quick One-Liners
IPR 1948 1st Industrial Policy - Mixed Economy
IPR 1956 Economic Constitution - 3 Schedules (A,B,C)
IPR 1991 LPG Reforms - Rao & Manmohan
Make in India 2014 - 25 Sectors - Lion Logo
Maharatna PSUs 12 PSUs (ONGC, IOC, NTPC, Coal India)
Navratna 14 PSUs
Miniratna 74 PSUs
MSME GDP 30% of GDP
PLI Scheme 2020 - 14 Sectors - โ‚น1.97 Lakh Cr
1st SEZ Kandla (Gujarat) - 1965
Largest Corridor AKIC (Amritsar-Kolkata) - 1800 km
DMIC Delhi-Mumbai Industrial Corridor
โ“ Frequently Asked Questions
Q1: Why IPR 1956 is called Economic Constitution?
A: Socialist Pattern, 3 Schedules - Basis of industrial structure
Q2: How many Maharatna PSUs are there?
A: 12 PSUs
Q3: When and how many Sectors in Make in India?
A: 2014 - 25 Sectors
Q4: LPG 1991 during who?
A: PM Narasimha Rao, FM Manmohan Singh
Q5: Where is the 1st SEZ?
A: Kandla, Gujarat (1965)
Q6: How much is MSME contribution to GDP?
A: ~30% of GDP
DISCLAIMER

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