Biology, asked by maryamhussain35969, 7 months ago

what role does the industrial sector play in the indian economy?​

Answers

Answered by aradhana66788
0

Explanation:

the role of industrialization in the Indian economy. 1. Raising Income: The first important role is that industrial development provide a secure basis for a rapid growth of income. The empirical evidence suggests a close correspondence between the high level of income and industrial development.

Answered by rubisnithi
2

Answer:

These industries provide so many benefits to the economy i.e. employment generation, production of goods and services, equal income distribution in the whole economy. ... Service sector contributes 60% of the Indian GDP while agriculture gives around 14% of GDP.

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