“The economic strength of the country is measured by the development of manufacturing industries”. Support the statement with arguments.

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answered Jun 19, 2019 by Aarju (70.0k points)
selected Jun 20, 2019 by Md samim

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The economic strength of a country is measured by the development of manufacturing industries.

Industries create a variety of goods and thus reduce the dependence of people on agriculture and contributes to modernisation of agriculture.
Industrial development helps to reduce unemployment and poverty levels by initiating income and high standard of living.
Export of manufactured goods add value to the economy. It expands trade and commerce and brings to foreign exchange.
Industries utilise primary materials and convert them into articles of utility, thus adding value to the raw materials.
Countries that transform their raw material into a wide variety of furnished goods of higher value are prosperous. India’s prosperity lies in diversifying its manufacturing industries