Question

Need for industrialization in India

Answer 1

Industrial growth brings a rapid increase in the national income of the country.In order to reduce the continued increasing pressure of exploding population on our developing economy, rapid industrialization is a must.Land is limited in area but industrialization has unlimited scope.To set up large number of industrial units we can create more employment opportunities and absorb a large number of unemployed youths.Agriculture cannot use all resources. So, industrialization is a must to make use of our resources.Industry can make use of waste materials.Industrialization widens horizon of our understanding and enables us to go through education and researches. Thus it will prove the quality of our manpower.We can use more capital and technologies.We can have division of work and specialization in the industry.This will result in the improvement of productivity of labor.Industrialization is capable of removing regional disparities because barren lands can be used for this purpose.No fertile land and means of irrigation are needed for industrialization.Industrialization will raise the standard of living of our people.

Answer 2

Industrialization is a systemic process to enhance the production of an asset through strategy. This leads to the growth in manufacture and is of utmost significance in a developing country as it sources the economy.

The needs of industrialization in India are as follows:

• The increment in income needed per capita of the nation to develop the country at a faster rate.
• There will be high production which will meet high demands and thus rise its capitals and formation.
• The technological adaptation will route optimum utilization of resources.
• Most important of all, India with its high unguided population, can give employment to all the citizens.
• Other factors like stability and improvement of different sectors are other developing aspects.