Explain four points Of importance of industries

Explain four points Of importance of industries.

Industries are the backbone of our country.

  • They help in modernising agriculture.
  • Industries reduce the heavy dependence of people on agriculture by providing them jobs.
  • Industrial development is a pre-condition for eradication of unemployment and poverty from the country.
  • By establishing industries in tribal and backward areas, regional disparities came down.
  • Export of manufactured goods expands trade and commerce and brings in much needed foreign exchange.
  • Countries that transform their raw materials into a wide variety of furnished goods of higher value are prosperous.
  • India‚Äôs prosperity lies in increasing and diversifying its manufacturing industries as quickly as possible.