Question

Why are the manufacturing industries considered as the Backbone of Economic Development of India?

Answer 1

Answer:

Manufacturing sector is considered the backbone of development in general and

economic development in particular mainly because:

1. Manufacturing industries not only help in modernising agriculture, which forms the backbone of our

economy, they also reduce the heavy dependence of people on agricultural income by providing them jobs

in secondary and tertiary sectors.

2. Industrial development is a precondition for eradication of unemployment and poverty from our  country.

3. It was also aimed at bringing down regional disparities by establishing industries in tribal and backward  areas.

4. Export of manufactured goods expands trade and commerce, and brings in much needed foreign  exchange.

5. Countries that transform their raw materials into a wide variety of furnished goods of higher value are  prosperous. India's prosperity lies in increasing and diversifying its manufacturing industries as quickly as  possible.

Explanation:

Answer 2

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Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing.

It is considered as backbone of development because:

• It not only helps in modernising agriculture but also forms the backbone of our economy.
• Industrial development is a precondition for an eradication of unemployment and poverty from our country.
• Export of manufactured goods expands trade and commerce.
• Countries that transform their raw materials into a wide variety of finished goods of higher value are prosperous.