India Industry
India has established its role in the "new economy" sectors of information technology (IT), computer hardware, computer software, media, and entertainment

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  Large modern steel mills and many fertilizer plants, heavy-machinery plants, oil refineries, and locomotive and automotive works have been constructed. The metallurgical, chemical, cement, and oil-refining industries have also expanded. Moreover, India has established its role in the "new economy" sectors of information technology (IT), computer hardware, computer software, media, and entertainment.

Textile production
     dominates the industrial field. The textile industry employs approximately 35 million workers, making it the second-largest employer in India after agriculture. Millions of cottage workers throughout the country handloom cotton, wool, silk, and rayon. Power looms accounted for an increasingly large share of production during the 1980s. Bombay, Ahmadabad, and the provincial cities in southern India led in cotton milling. Jute manufacturing is based in Calcutta. Wool, silk, coir, and the rayon textile industry also are important.

India is the world's
     tenth-largest steel producer. In 2001–02, it produced 4.08 million tons of pig iron and 30.64 million tons of finished steel. The industry consists of seven large integrated mills and about 180 mini steel plants. The metallurgical sector also produced 818,000 tons of aluminum products in 2001–02. Automobile production, fed by both the steel and aluminum industries, has grown at an annual rates of close to 20% in recent years

The production of
     computers and a wide range of consumer electronics (color televisions, VCRs, audio products, DVDs, and electronic watches) has been boosted by the recent liberalization of imports of component parts. In 2001–02, computer production was up 36%. Computer soft ware exports had grown by 50% per year from the late 1990s through 2002.

India has eighteen oil
refineries throughout the country with a total refinery capacity of more than two million barrels per day. Almost half of India's refinery capacity has been built since 1998. India's cement industry is the second-largest in the world, after China's, with a capacity of 135 million tons as of March 2002. Food processing is India's fifth-largest industry. Refined sugar production is a major agricultural processing industry.

 

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