Manufacturing
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing. Manufacturing belongs to secondary sector in which the primary materials are processed and converted into finished goods.
The manufacturing sector is considered the backbone of development due to the following reasons:
Manufacturing industries help in modernizing agriculture as it provides jobs in secondary and tertiary sectors. It also reduces the heavy dependence of people on agriculture.
It helps in the eradication of unemployment and poverty. It was also aimed at bringing down regional disparities by establishing industries in tribal and backward areas.
Export of manufactured goods expands trade and commerce and brings in much-needed foreign exchange.
It helps in prospering the country by giving a boost to the economy.