Question

Why capital goods industries important for the development of a country?​

Answer 1

Answer:

The capital goods industry has evolved over these years in terms of competitiveness by consolidating. ... Due to its strategic importance for the country, it is essential to encourage manufacturing of capital goods rather than import and enhance the value addition and technology transfer....

Answer 2

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The capital goods industry has evolved over these years in terms of competitiveness by consolidating.Due to its strategic importance for the country, it is essential to encourage manufacturing of capital goods rather than import and enhance the value addition and technology transfer.