The economic development of a country is measured by the development of manufacturing industries by the following ways:
- Manufacturing industries help in modernizing agriculture which forms the backbone of our economy.
- They reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
- Industrial development is pre-condition for eradication of unemployment and poverty from our country.
- Manufacturing goods expand trade and commerce.
- Export brings in much needed foreign exchange.
- Manufacturing is the process of value addition.
- It also brings down regional disparities by establishing industries in tribal and backward areas.
- It increases the GDP / National Income of the country.