Gwalior industries have earned the status of a counter magnet in NCR in India. Gwalior is one of the vibrant industrial bases that are known for its strategic location. The industries at Gwalior are emerging as industrial estates that are managed by independent industrial development corporations. The independent industrial development corporations are working towards developing the industries of Gwalior. In fact, any development that is conceived for strengthening the counter magnet role of Gwalior would lead to the industrial development of Gwalior as a potential sector.
Moreover, the potential for the industrial development of Gwalior lies in the establishment of integrated industrial estates. The industrial estates in Gwalior are replete with the common facilities that are required by the industries of Gwalior. It is noteworthy in this context that the existing industrial areas are responsible for the proliferation of the industries in Gwalior. According to AKVN, 1994, about 60% of the total industrial areas (33222 acres of land) in Malanpur Ghirongi Industrial Areas is to be allotted for the expansion of the industries in Gwalior. Statistics also prove that about 142 industrial units would be needed by 2010.
The industries at Gwalior include the textile mills and the artificial silk manufacturing plants. The handicraft and hand loom industry also form an important part of the industries in Gwalior. Morar is said to be the center of local trade. It is also known to house the tanning industry in Gwalior.