The Legacy of India’s Industrial Pride: Faridabad

The Legacy of India’s Industrial Pride: Faridabad

The industrial focus started getting visibility in Faridabad, when the first Prime Minister of India, Pt. Jawahar Lal Nehru called for Industrial revolution. Since last several decades, Faridabad is one of the most important industrial clusters of North India. Situated in the state of Haryana adjacent to the nation’s capital, MSMEs in Faridabad are doing humongous amount of important and credible work in the several areas of Manufacturing, engineering services and much more.

Faridabad was one of the locations selected for resettlement of refugees from Pakistan. These refugees are credited with the industrial development of the region in 1950s. Later major industries came about in the near vicinity and small and medium enterprises sprung up with a vision to become supply units to these.

As auto majors like Eicher and Maruti sprang up in the vicinity there was a surge in growth of engineering units who supplied components to these majors. Even after Maruti’s shift to Manesar, components are still sourced from Faridabad.

But the growth of Faridabad has more or less stagnated in the past decade. Even after being the first major industrial town in NCR region , it still lags behind other townships like Gurgaon.

State: Haryana

Nearby clusters:  Gurgaon,NCR, Bhiwani, Ambala, Karnal,  Panipat

Big industries around: Heavy Automobile industry, Manufacturing, Fabrication Industries

Major SME verticals: Auto Components, Engineering, Textiles, Electronics, Fabrication, Footware, books and stationary, Refrigeration

No. of MSMEs in this Cluster : More than 4000 MSMEs

No. of Employed or Associated working population in this Cluster: Approximately to 90000

Major issues challenging the growth:

Non availability of skilled/unskilled labour is also a major hindrance in growth.

Being an early starter, technology upgradation became an issue with a majority of SMEs working in Faridabad.

Infrastructure is a major issue from better roads to warehousing, traffic management and more. The upcoming metro line will hopefully solve these issues to a major level.

Power supply issues keeps bugging the industries. The supply is inadequate and infrequent even when it’s available.

Important government organisations involved:

NHPC

SAIL

Export output: (verticals): Footwear, garments, engineering and machine tools, medical equipment, books.

Service output: (verticals): Fabrication, White Good Fabrication, Automobile Components, Garments manufacturing, engineering services.

Associations involved:

Faridabad Industries Association

Faridabad Small Industries Association

Laghu Udhyog Bharti

Faridabad Manufactures Association

Faridabad Chamber of Commerce & Industries

Association Speak:

Leaders speak about Faridabad SME:

Ramneek Prabhakar, General Secretary, Manufacturer’s Association of Faridabad said, “We are committed towards contributing our best in nation’s economy. Since last several decades, we have produced great work for the economy and industrial output.”

“Having done so much of work, entrepreneurs in Faridabad are still struggling and fighting for the a positive business ecosystem which they deserve.”