Industries play a vital role in shaping the economy of a society. All most all the countries of the world are depended on their industries. An industry is the place that manufactures goods or provides services and contributes to the economic production of a country. India is a developing nation and the subcontinent has shows her zeal is rising various industries. Though, India is basically an agrarian nation, yet Indian industries provide a financial support to the country. Industries can be of various categories; in India four key industrial economic sectors are identified. The primary sector, largely extract raw material and they are mining and farming industries. In the secondary sector, refining, construction, and manufacturing are categorised. The tertiary sector deals with services and distribution of manufactured goods.

The period from the late 18th and early 19th centuries saw a radical change in the agriculture, manufacturing, production, and transportation. In India, the concept of industries was introduced in the country with the coming of the British. The inception of Indian industries influenced the socioeconomic and cultural conditions in the subcontinent. Thus the onset of the Industrial Revolution marked a major turning point in Indian society also. Tea industry in India is said to be the beginning of industrial development of India. Industries of India can be divided into large scale and small scale.

Among the Indian industries, Large scale industries are those which involve huge infrastructure, man power and a have influx of capital assets. The heavy industries of India include the Iron and steel industry, textile industry, Indian diamond industry, Indian food industry, automobile manufacturing industry. Petrochemicals in India create a huge affect on the fiscal planning of the country. Indian economy is greatly dependent on these large industries for its economic growth, generation of foreign currency as well as for providing job opportunities. Large scale industries make urbanization desirable in the society. However, the small-scale industries are another major contribution to the Gross Domestic Product (GDP) of India. These Small scale sectors are termed as traditional sectors and are referred to have huge growth prospect. The primary concern of the small-scale industries is that capital resources are invested for the development of machineries.

Indian industries thus effect the economic development of the country. With an assortment of large and small scale industries in the country, India has opened its doors to economic opportunities. The industries such as Chemical Industry in India, Vegetable Oil Industry in India, are among the contributing lot.