Question

which country is known as backbone of the industry​

Answer 1

Explanation:

There are 63.4 million MSMEs in India which contributes around 29% of India's GDP, 49 % of exports, MSME sector is considered as the backbone of Indian economy, as it provides employment to 111 million people, said Shri Reddy.

Answer 2

Answer:

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons: (i) Manufacturing sector helps in modernising agriculture which increases agricultural productivity.

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