Question

Which of the following is not a reason for the slow growth of industries in India?

• A. Lack of raw material
• B. Lack of labour
• C. Lack of capital
• D. Lack of skilled labour

Answer 1

The correct option is B Lack of labour

Indian industries have faced shortages of raw materials, energy resources, and skilled workforce. We have had to import raw materials from foreign markets. It increases the production costs and becomes a major obstacle to the development of industries. However, India has a very large population and does not have a lack of labour.