::INDO AMERICAN JOURNAL OF PHARMACEUTICAL SCIENCES::

CODEN : IAJPBB
issn 2349-7750

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TITLE:

INDUSTRIAL PRODUCTION AS A FACTOR OF SUSTAINABLE DEVELOPMENT OF THE TERRITORY

AUTHORS:

Olga Berezhnaya, Tatiana Ivchik, Aleksander Zbritskiy, Elena Berezhnaya, Vladimir Pavlenko

ABSTRACT:

Industrial production is a driver and a major factor in the stability and well-being of modern society. Sustainable development of industries is due to a set of conditions, causes and factors, among which increasing the volume of investments in fixed production capital, using efficient innovative technologies, automating and informatization of business processes, positive transformations in the social and labor sphere, increasing the level of employment in region. The article substantiates a scientific approach that allows to identify the main indicators that positively affect the sustainable development of industrial production; The interrelation of various socio-economic factors with the level of development and efficiency of industry in the regions has been established and evaluated. As a result of the research, the main provisions for the further development of industries have been formulated. Keywords: industry, industries, industrial management, regions, municipal areas, employment, sustainable development of the region.