what is the contribution of manufacturing industries to the economy????
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Contribution of Industry to National Economy
The share of manufacturing sector in the GDP (Gross Domestic Product) has been stagnant at 17% over the last two decades. The total contribution of industry to the GDP is 27% out of which 10% comes from mining, quarrying, electricity and gas.
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what is the contribution of manufacturing industries to the economy?
answer:-A vibrant manufacturing base leads to more research and development, innovation, productivity, exports, and middle-class jobs. Manufacturing helps raise living standards more than any other sector. Manufacturing generates more economic activity than other sectors.
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