analyse the role of the manufacturing sector in the economic development of India??
Answers
Explanation:
Manufacturing industries help in modernising agriculture. It also reduces the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors. ... Export of manufactured goods expands trade and commerce and brings much needed foreign exchange.
Manufacturing industries help in modernizing agriculture; which forms the backbone of our economy. Apart from this, manufacturing industries also reduce the heavy dependence of people on agricultural income. This becomes possible because of creation of new jobs in secondary and tertiary sectors.Industrial development helps in eradication of unemployment and poverty.Export of manufactured goods expands trade and commerce and brings in much needed foreign exchange.A country with high level of manufacturing activities becomes prosperous.