Question

industry
. Short-answer Questions
1. Give one reason for deindustrialisation in
India?
E. Lo
1​

Answer 1

Answer:

The process of de-industrialisation is an economic change in which employment in the manufacturing decline due to various economic or political reasons.[14] The decline in employment in manufacturing is also followed by the fall in the share of manufacturing value added in GDP. The process of de-industrialisation can be due to development and growth in the economy and it can also occur due to political factors. In other words, the term de-industrialisation means a general reduction in the industrial capacity and came into prevalence in India with the destruction of the handicrafts industry by external competition from British manufactured products during the 19th century.