An attempt has been made in this study to review the industrial development of North West Frontier Province in particular and Pakistan in general. Obviously, the process of economic
development can be promoted with the encouragement of industrial sector. For analysis secondary data, obtained from Govt. of NWFP various reports, Directorate of Industries, Commerce & Labour, NWFP, Peshawar (various issues) and Economic Survey of Pakistan (various issues) have been utilized. It has been observed that industrialization promote agriculture sector, generates employment opportunities, brought efficiency in production due to advanced technology, increase national income, increase per capita income, reduce poverty, improve living standard, reduce deficit in balance of payments, encourage trade and increase government revenues. During 2007-08, total numbers of industrial unites were 2254, while in these 1552 were operating and 702 were closed in study area. The findings of the study suggest that supply of electricity may be regularize, fiscal incentives, provision of credit, stoppage of inflow of foreign goods are imperative
measures for the promotion of industrial development in the province. Domestic and foreign investors should be encouraged in order to promote industrial development and to accelerate
the process of economic development of the country.