What is the importance of manufacturing industries?
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The economic strength of a country is measured or judged from the development of manufacturing industries. Industries help in help in eradicating unemployment and poverty in our country by providing many people with jobs. Industries help in modernising agriculture bymanufacturing modern implements.
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importance of manufacturing of industries..
1. Production of goods in large quantities after processing from raw materials to more
valuable products is called manufacturing.
2. Public sector industries were set up to eradicate unemployment, poverty and bring
down regional disparities from our country.
3. Manufacturing sector contributes 17 % of GDP.
4 In order to compete in the international market our industry needs to be more
efficient, competitive and produce good quality goods.
5. The most dominant factor of industrial location is the least cost.
6· Many industries tend to come together to make use of the advantages offered by
the urban centres known as agglomeration economies
I hope it will help you....
1. Production of goods in large quantities after processing from raw materials to more
valuable products is called manufacturing.
2. Public sector industries were set up to eradicate unemployment, poverty and bring
down regional disparities from our country.
3. Manufacturing sector contributes 17 % of GDP.
4 In order to compete in the international market our industry needs to be more
efficient, competitive and produce good quality goods.
5. The most dominant factor of industrial location is the least cost.
6· Many industries tend to come together to make use of the advantages offered by
the urban centres known as agglomeration economies
I hope it will help you....
mudrika1:
thanx
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