India's prosperity lies in increasing and diversifying it's manufacturing industries as quickly as possible. Explain.
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Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange. ... India's prosperity lies in increasing and diversifying its manufacturing industries as quickly as possible. Agriculture and industry are not exclusive of each other.
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Explanation:
- India's prosperity is to increase and diversify its manufacturing industries: manufacturing industries help modernize agriculture. They also reduce people's heavy dependence on agricultural income by providing them with jobs.
- Industrial development reduces unemployment and poverty, as well as regional disparities. Exporting manufactured products is expanding trade and trade, bringing in foreign exchange.
- Our country's prosperity depends on the transformation of raw materials into high-value furnished goods and the diversification of our industries.
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