Industrialization is the central dynamic force for most countries. It has been a key growth and development objective of India's planned economy, with the focus on heavy investments made in this sector. Labour productivity is highest in manufacturing industries; this has assisted in raising national income at a faster pace. It is a pre-condition for the development all economic sectors including agriculture. The importance of industrialization in economic development is crucial for a growing economy with a larger population like India. Progress and prosperity through industrialization have...
Industrialization is the central dynamic force for most countries. It has been a key growth and development objective of India's planned economy, with...