The main motive of every business is to earn money in the form of profit and any activity which results in earning of money and creation of wealth is considered as an economic activity. The Economic development of any country is also dependent on industries. It plays an important role in the growth of Economy. Growth in economic development is not possible without industries. We find a main balance industrial sector at the centre of economic development there is a variety of different industrial sectors that feed off each other. Development of industries is not only indispensable for India, but there is also good scope for the development of industries in India. India has many favorable factors for the development of industries.