analyse the role of the manufacturing sector in the economic development of india
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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.
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