short noye on industries
Answers
Today India is one among the top ten industrial nations of the world. Industrial development has changed India’s economy from under-developed status to developing status.
Industries can be classified into various types on the basis of their structure. The two main types are: 1) Manufacturing industries including heavy and light industries. 2) Small-scale and cottage industries .
Manufacturing industries: Industries which are concerned with the processing or conversion of raw materials into finished products are called manufacturing industries.
IMPORTANCE OF MANUFACTURING INDUSTRIES:
1) Manufacturing industries increase the national income and per capita income.
Industrial development increases the employment opportunities to a large number of people and thus increases their income. 2) Industrial development solves the problems of un-employment and under employment which are some of the major problems of India. 3) Industrial development promotes agricultural development. Many industries are agro-based industries. Agricultural products are raw materials for these industries. Development of these industries enables agriculture to increase its production.