State the meaning of 'Genetic industry'.
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Genetic Industry: The word ‘genetic’ means parentage or hereditary. Genetic industries are concerned mainly with producing - breeding or multiplying of certain species of plants or animals with the object of earning profits from their sale. Examples of these types are nurseries, forestry, cattle breeding and commercial kennels. Animal husbandry is one type of Genetic Industry.
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==> Genetic industries are those industries which are engaged in re-production and multiplication of species of plants and animals with the sole objective of sale. These industries are engaged in activities such as animal breeding, cattle breeding, etc. Dairying is an example of genetic industry.
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