what are the importance of industries in the growth of India
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- manufacturing industries not only modernizes agriculture but also reduces the heavy dependence of people on agricultural income by providing employment in the secondary and tertiary sector.
- Industrial development is a precondition for the eradication of poverty and unemployment.Industries are set up in backward regions and villages to bring down regional disparities.
- Export of goods helps in expanding trade and commerce and also brings in much needed foreign exchange.
- Countries that transform their raw materials to a wide variety of well furnished goods of higher values are prosperous
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