Whate role does industirial sector play in the indian?
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Answer:
Industry is viewed as leading sector to economic development. We can have economies of scale by applying advanced technology and division of labour and scientific management. So production and employment will increase rapidly. This will bring economic growth and capital formation.
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Explanation:
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 GDA
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