Manufacturing sector is considered the backbone of development justify with 5 suitable points
Answers
Answered by
5
Answer:
(I) Manufacturing industries help in modernising agriculture,which forms the backbone of Indian economy.
(ii)It also brings down regional disparities.
(iii) Export of manufactured goods expands trade and commerce and brings foreign exchange.
(iv) Industrial sector contributes 27% of GDP and manufacturing contributes 17% of GDP.
(v) Manufacturing industries also reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
Explanation:
Hope my answer helps you.Please mark me brainliest.
Similar questions