THE STRATEGIC ROLE OF THE INDUSTRIAL SECTOR IN THE NATIONAL ECONOMY AND DEVELOPMENT FACTORS

Rakhimov Bakhromjon Ibroximovich

GREEN ECONOMY AND DEVELOPMENT, 2025, vol. 3, issue 12

Abstract: Industry is the backbone of the national economy and is the main factor determining the economic potential ofthe country. This article scientifically and theoretically analyzes the role of the industrial sector in the national economy,its structural structure and sustainable development factors. The formation of industry as a leading sector occurs inmutual integration with other sectors of the economy - agriculture, transport, energy and service systems. The article,in particular, highlights the issues of modernizing the industry, introducing technological innovations, and increasing thecountry's competitiveness through the introduction of innovative production systems. Using the example of Uzbekistan,the directions for improving industrial policy, the state's economic strategy and the role of the private sector in increasingthe efficiency of industrial enterprises are analyzed. At the same time, modern trends such as digitization of industry,ensuring environmental sustainability and expanding international cooperation are also studied. The results of the studyreveal the impact of industry on the share of GDP, export potential and employment. The article also scientifically provesthe leading role of industry in ensuring national economic growth, its importance in developing an innovative environment,and its inextricable link with investment policy

Keywords: industry; national economy; modernization; innovation; competitiveness; technological innovation (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:3:y:2025:i:12:id:8186

DOI: 10.5281/zenodo.17868908

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