Importance Of Manufacturing In India.
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Manufacturing provides many jobs, at all levels. It is important as an employment generator. ... In contrast, Indian manufacturing sector's contribution to GDP has moved from 16% to 18.32 % in last 10 years. “Make in India” initiative is designed to take manufacturing to 25% of GDP.
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Manufacturing industries help in modernising agriculture as it provides jobs in secondary and tertiary sectors. It helps in the eradication of unemployment and poverty. Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange.
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