The Ghaziabad economy is heavily dependent on the industries, which are the real assets of the city. The many industries account for the economic growth of the Uttar Pradesh State. Also, these industries are the reason behind Ghaziabad drawing the huge number of skilled laborers for employment. Among all the industries, the most important sector is the steel sector. More than 500 steel organizations in the place employs more than 25,000 people. Also, there the manufacturing segment employs 53% of the non-agricultural jobs in Ghaziabad. The manufacturing industry is alone to be credited for an income, which is eight times the income of other industries taken together.
The Manufacturing Industry of Ghaziabad
The manufacturing segment in Ghaziabad other than the steel plant based companies include apparel, transportation equipments, dairy products, tobacco production, ceramics, pottery, Industrial machinery, equipments and all sorts of electrical and electronic goods. The other upcoming manufacturing sector is the Hi Tech plant growth boosters.
The Railway Industry of Ghaziabad
Ghaziabad is important in terms of the railway junction. Over a hundred long distance trains traverse the Ghaziabad junction. Hence the railway industry too constitutes an important part of Ghaziabad economic development. A updated Electric Locomotive Shed has been arranged for in the city of Ghaziabad.
Miscellaneous Industries of Ghaziabad
Other important constituents of the Ghaziabad economy include bicycles, picture tubes, electroplating, glassware, vegetable oil, tapestry, paint and varnish products to name a few of them. Real Estate Business cannot stay far behind in an industrial city, especially when umpteen number of offices are mushrooming up all over the city.
Last Updated on 28 September 2012