The Evolution of India's Secondary Sector: An In-depth Analysis
Title: The Evolution of India's Secondary Sector: An In-depth Analysis In this comprehensive exploration, we trace the transformative phases of India's secondary sector. This is a story of growth and adaptation, a remarkable odyssey that has left an indelible mark on the nation's economic landscape. Before delving into the present, let us first cast our gaze back to a time when India was under British colonial rule. The pre-Independence era was characterized by an agrarian economy, with a relatively underdeveloped secondary sector. Cottage industries such as textiles and handicrafts thrived, but large-scale manufacturing was, at best, in its infancy. The post-Independence period, specifically the 1950s and 1960s, marked a significant turning point. India adopted a policy known as import substitution industrialization (ISI). The overarching goal was to nurture domestic industries and reduce reliance on imports. The secondary sector embarked on its journey of expansion, alb