Industrialization and Industrial development are synonymous. Rapid industrialization is a means to achieve
higher rate of growth in order to raise the standard of living of people. The present study is an attempt
to take a review of industrial development in India with special reference to Maharashtra, in terms of industrial development
of India, there was a growth in all indicators of industrial development except employment in post reforms
period from 1990 – to 2012 –13 .Other indicators showed considerable growth as factories by 521% fixed capital
by 7366% gross output by 133288% ,employment by 345%,and value added by 74864% the degree of achievement
of India is less than other developing countries. In case of industrial development n Maharashtra over the period from
1993-94 to 2012-13, it is noticed that there was a rise in all indicators as 334% in number of workers, 2357% in number
of working and registered factories, 362512% in fixed capital , 159707% in value added and 15369% in consumption of
electricity for industrial use. Maharashtra enjoys the top position among the select leading states in case of industrial
development. It has also been found that there has been inter- state imbalance in industrial development in India. It is
suggested that more efforts should be made for industrial growth in the country.