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Importancw of manufacture

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Importancw of manufacture

Posted by Smritimoy Kanji 5 years, 5 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 5 months ago

The manufacturing sector is considered the backbone of development due to the following reasons:

Manufacturing industries help in modernising agriculture as it provides jobs in secondary and tertiary sectors.
It helps in the eradication of unemployment and poverty.
Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange.
It helps in prospering the country by giving a boost to the economy.

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