Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
@article{191292,
author = {Dr. Suresha},
title = {Industrial Finance: Role, Sources, Challenges, and Contemporary Trends},
journal = {International Journal of Innovative Research in Technology},
year = {2026},
volume = {12},
number = {8},
pages = {6520-6526},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=191292},
abstract = {Industrial finance plays a pivotal role in the process of economic development by facilitating the establishment, expansion, and modernisation of industrial enterprises. It provides the necessary capital for acquiring fixed assets, meeting working capital requirements, adopting new technologies, and sustaining long-term growth. In developing economies such as India, industrial finance assumes added significance due to capital scarcity, technological gaps, and the need for balanced regional development. This article examines the concept of industrial finance, its objectives, major sources, and institutional framework, with particular reference to the Indian context. It further analyses the challenges confronting industrial finance and explores emerging trends shaping its future. The study underscores the importance of a robust and inclusive industrial finance system in promoting industrial productivity, employment generation, and sustainable economic growth.},
keywords = {Industrial finance, Economic development, Financial institutions, Industrial growth, Capital formation.},
month = {January},
}
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