Analyse the role of the manufacturing sector in economic development of india

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Devanshi · Answer 1 · 2019-11-11T21:34:23+0000

Manufacturing sector is considered as the backbone of development.

Manufacturing industries help in modernising agriculture.
It also reduces the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
Industrial development is a pre-condition for eradication of unemployment and poverty from the country.
Export of manufactured goods expands trade and commerce and brings much needed foreign exchange.