Geography, asked by Shahulkalam, 10 months ago

why are the manufacturing industries considered as the backbone of economic development of India?

Answers

Answered by Anonymous
9

They are considered back bone of economic development because ...

1 The no.of manufacturing industries decides the economic development of country

2 They provide employment as they need labour .

3 It helps to grow a place into city as more and more industry come up to provide materials needed by particular industry .

4 Most important as the industry manufacturers product our trade increases and our economy rises .

Answered by djsaranga
5

Production of goods in the factories in large quantities after processing from the raw material to finished products is called manufacturing industry.

The manufacturing industries are considered as the backbone of economic development because of the following reasons

1.)It helps us in modernizing agriculture which is the backbone of our economy .

2.)Export of manufactured goods expands trade and Commerce bring the much needed foreign exchange .

3.)It provide large job opportunities and thus results reduction in unemployment and poverty .

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