Democratization of Industrial system is a necessity for the Managements in the present scenario. The participative culture of involving the incumbents in all matters concerning stakeholders is known as 'Industrial Democracy'. This book consists of unique theoretical inputs and extensive research work on experimentation of the principles of democracy in a working industrial organization which has reaped benefits from the culture of employee involvement and made a turn-around. It's reading is a must for all Academicians as well as practicing Managers to emulate and achieve exemplary success in their endeavours and all walks of life.