What is manufacturing? How important are manufacturing industries?
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Solution
Instructions:
Define manufacturing
Explain the importance of manufacturing industries
Answer:
"Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing."
Importance of manufacturing industries
Industries provides employment and help in eradicating unemployment and poverty in the country. Providing employment was the main reason behind the public and joint sector ventures in India.
Boost agricultural productivity by providing irrigation tools and fertilisers.
Public and joined sector industries are established in tribal and backward areas to bring down regional disparities.
Export of manufactured goods brings in foreign exchange.