Question

name three importantance of manufacturing
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Answer 1

Answer:

See Explanation

Explanation:

Importance of manufacturing industry is as follows: It has helped in modernising agriculture by manufacturing tractors, tools and machines used in cultivation. It has reduced employment pressure on agriculture. It has brought in much needed foreign exchange.

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Answer 2

Importance of manufacturing industry is as follows:

1. It has helped in modernising agriculture by manufacturing tractors, tools and machines used in cultivation.
2. It has reduced employment pressure on agriculture
3. It has brought in much needed foreign exchange

It has expanded trade and commerce

Manufacturing industries have helped in eradication of unemployment and poverty

It has helped in the growth and boom in economy.

Manufacturing industries have contributed 17% of our GDP. Its growth was stagnated earlier. However, since 2003, it is growing at a rate of 9-10% per annum.