In the aspect of employment, next to agricultural sector, manufacturing sector gives more employment to people. There are several industries in manufacturing sector, among them automobile industry has playing prominent role in the aspects of production, sales and employment. Automobile industry is the key driver of Indian economy. It plays a vital role in the economy and industrial development of Indian. It supports the development of some other industries by the procurement of raw material, those basic industries are steel, metal, plastic, petrochemicals, rubber, glass, and so on.
It can also be stated that the impact of the recession on the Indian construction industry is less when compared to the other industries of India. But India on the whole was affected less by the recession. This can be attributed to the India’s strong fundamental of the economy, well regulated banking system and less exposure of Indian financial sector with the global financial market. The FDI in India was less during the time of the recession because of which the impact of the recession was cushioned when it reached
The construction industry is an important indicator of the development as it creates investment opportunities across many other sectors. In India construction industry is the second largest industry after agriculture industry. Construction industry can be divided into mainly three segments: • Real estate construction includes residential and commercial construction • Infrastructure building like roads, power, airports, railways etc. • Industrial construction like oil and gas refineries, pipelines textiles etc. The construction industry is highly fragmented in India.
Further more, the thesis also focuses on special case of cement production as an opportunity for foreign investors. The investment opportunities in cement industry is selected due to many reasons: First, Nepal is a country with less natural resources and thus other industrial development related to natural resources is limited. Second, Nepal contains a lot of limestone (raw material for cement), which assures that cement production in Nepal can be a most profitable and sustainable industry. Third, Nepal is a cement-shortag country with demand is very high as compared to supply. Shortage cements are now imported from India.
Cement is one of the center industries which plays a essential function inside the boom and expansion of a country. The call for for cement depends frequently on the tempo of sports in the enterprise, financial, actual estate and infrastructure sectors of the economic system. Cement is considered desired constructing cloth and is used worldwide for all production works together with housing and business construction as well as introduction of infrastructures like ports, roads, power pants, and many others. Indian cement enterprise is globally competitive due to the fact the enterprise has witnessed healthy developments inclusive of cost manipulate and non-stop technology up-gradation. The Indian cement industry is extraordinarily strength
5) There are many companies and brands emerging in Nepali market. Brands like Komatsu, Case, Caterpillar and Tata construction deal with equipment like excavators, loaders, rollers, backhoe loaders, wheel loaders, etc. Likewise, Doosan, Hyundai, Kawasaki, Mahindra and Ashoka also have introduced various construction equipment. The major chunk client for equipment are contractors, while real estate developers, hydropower and mining projects, government
CHAPTER 3 REVIEW OF LITERATURE AND RESEARCH DESIGN Topic: Business Strategies for the Indian Cement Industry is from journal 2010 International Conference on Economics, Business and Management IPEDR vol.2 (2011) © (2011) IAC S IT Press, Manila, Philippines. Author : Roshan Shankar, Wagisha Jha In their research Business strategies or the Indian cement industry found that the Indian cement industries have major competition from the global cement players and also that globalization has changed the whole scenario of cement industry with emerging technological infrastructure making a way to explore the remotest of the places. They also suggested that the Indian cement companies should identify the threats from global players and
India is a developing economy where iron and steel play a very important role being the prerequisites for modern Indian industrial development. Large amounts of iron and steel is required for constructing bridges, rail tracts, railway rolling stock, ships, vehicles, various machines, power plants, airports, etc. As important industries like Railway locomotive, Ship Building, Heavy and Light Machine, Construction, etc. depend on the availability of iron and steel, iron and steel industry accelerates industrialization and is, therefore, called the backbone of all industries. As on 2013, with crude steel production of 81.2 million metric tons, India is ranked as the fourth largest steel producing country in the world.
Construction industry belongs to capital industry. It requires other industries to support them and the gross domestic product of the country also contributed by construction industry. In addition, construction industry also requires many workers. Government is the main client of construction industry regarding to their policy in infrastructure development. Demand of construction is in many sizes and types.
ABOUT PLASTIC INDUSTRY The Indian plastics industry made a promising beginning in 1957 with the production of polystyrene. Thereafter, significant progress has been made, and the industry has grown and diversified rapidly. The industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90 per cent of which are small and medium-sized enterprises. In the era of many astonishing industrial development, probably no industry has undergone such rapid growth and development in the plastic industry.