analyse the role of tertiary sector for the growth of manufacturing sector and national economy
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Role of tertiary sector for the growth of manufacturing sector and national economy:
The tertiary sector has positively helped the manufacturing sector to grow and evolve into what it is now. Tertiary and Manufacturing are co-related. The growth in the tertiary sector explains the increase in the services and the dependence on manufacturing.
If there’s a growth in the tertiary sector then it will be proportionate to the number of jobs increasing at a particular time. This, in turn, increases the employment and causes these services to grow in a manner so that they become more manufacturing dependent for their basic operating and production needs.
It also results in people migrating from the agriculture sector to manufacturing because of the gateway it provides towards the golden service sector of India.