The second-largest contribution to India's GDP is the industrial sector. Although the textile industry dominates the industrial sector, other sectors including steel, automotive, petrochemical, finance, and information technology are as important for India's economy. The development of industrial parks was necessary since the industrial sector needs a sizable amount of land to operate, yet it is difficult for businesses to get industrial assets from State and Central government agencies. In India, industrial parks are tracts of land that give business owners a place to set up shop. To know more about Private Industrial Parks in India, visit ESR India.