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Question
‘Manufacturing sector is considered as the backbone of general and economic development.’ Examine the statement in the context of India.
Short Note
Solution
- Agriculture is modernized with the aid of manufacturing industries.
- By giving them jobs in the secondary and tertiary sectors, it aids in reducing the high reliance of people on agricultural income.
- It aids in the eradication of poverty and unemployment in our nation.
- By establishing industries in tribal and underdeveloped areas, it aids in the reduction of regional disparities.
- Trade and commerce are expanded through exports of manufactured goods.
- It assists in bringing in foreign currency.
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Importance of Manufacturing
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