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Question

Describe the importance of manufacturing industries.

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Solution

Importance of manufacturing:-
  • It is the backbone of industrial development.
  • It helps to reduce people's dependence on the primary sector by providing job opportunities in the secondary sector.
  • Import and export of manufactured goods brings in much needed foreign exchange.
  • Countries that transform raw materials into goods of higher value prosper, therefore, India's prosperity lies in increasing and diversifying its manufacturing industries.

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