example of medium scale industry and small scale industry
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Medium Scale Industries in India
Economic development refers to the transformation of an economy from a state of underdevelopment to a state of development. The economic improvement includes a consistent decrease in the portion of farming in GNP and comparing increment in the portion of businesses, exchange, banking development, and administrations. Industrialization implies raising capital in the production process. The economic development of any country leads to a better quality of life for its population. Several factors are involved in the measurement of quality of life like education, literacy, life expectancy, and nutritious food. In this article, we will look at medium scale industries in India.
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