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Haryana as a Manufacturing Hub


Affiliations
1 Department of Economics, Chaudhary Bansi Lal University, Bhiwani, Haryana, India
     

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Haryana, a state earlier known for its agriculture production has transformed now to a state known for well rounded development. The trajectory of state's growth and development has been progressive since its formation. It has set the example for achievement of significant landmark in its strive as a hub for industrial products evident from the fact that Haryana today is a major manufacturer of passenger cars, motorcycles, tractors, bicycles, refrigerators and scientific instruments. Manufacturing refers to the process of converting raw material into finished goods for use or sale on a large scale with the help of mainly labor and machines. This paper aims at studying the manufacturing status of Haryana, and its contribution to the Gross State Domestic Production (GSDP). There are many manufacturing units in Haryana which help to increase production, employment opportunities and state contribution to India's GDP. Although, the economy of Haryana is mainly agriculture based but still its manufacturing sector plays a prominent role in promoting the growth rate of the state.

Keywords

Haryana, Manufacturing Hub, GSDP, Industrial Production, Economy.
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  • Haryana as a Manufacturing Hub

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Authors

Sonam Jakhar
Department of Economics, Chaudhary Bansi Lal University, Bhiwani, Haryana, India

Abstract


Haryana, a state earlier known for its agriculture production has transformed now to a state known for well rounded development. The trajectory of state's growth and development has been progressive since its formation. It has set the example for achievement of significant landmark in its strive as a hub for industrial products evident from the fact that Haryana today is a major manufacturer of passenger cars, motorcycles, tractors, bicycles, refrigerators and scientific instruments. Manufacturing refers to the process of converting raw material into finished goods for use or sale on a large scale with the help of mainly labor and machines. This paper aims at studying the manufacturing status of Haryana, and its contribution to the Gross State Domestic Production (GSDP). There are many manufacturing units in Haryana which help to increase production, employment opportunities and state contribution to India's GDP. Although, the economy of Haryana is mainly agriculture based but still its manufacturing sector plays a prominent role in promoting the growth rate of the state.

Keywords


Haryana, Manufacturing Hub, GSDP, Industrial Production, Economy.