Analyse the role of the manufacturing sector in the economic development of India.
OUTSIDE DELHI - SET 1 2017
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The Role of manufacturing sector in the economic development of India:
- Manufacturing industries not only help in modernizing agriculture but also reduces the heavy dependence of people on agriculture income.
- Eradication of Unemployment and poverty.
- Export of manufactured goods expands trade and commerce and brings in much needed foreign exchange.
- Countries that transform their raw material into a wide variety of furnished goods of higher value are prosperous.
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