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Manufacturing Industries In India Class Notes PDF Free Download
All About Manufactuing Industry Easy Explanation
On the occasion of Diwali, Harish went to a market with his parents. They purchased shoes and clothes for him. His mother purchased utensils, sugar, tea, and diyas (earthen lamps). Harish observed that the shops in the market were flooded with items for sale. He wondered how so many items could be made in such large quantities.
His father explained that shoes, clothes, sugar, etc. are manufactured by machines in large industries, some utensils are manufactured in small industries, while items like diyas are made by individual artisans in the household industry.
Do you have some ideas about these industries?
Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing. Do you know that paper is manufactured from wood, sugar from sugarcane, iron, steel from iron ore, and aluminum from bauxite? Do you also know that some types of clothes are manufactured from yarn which itself is an industrial product?
People employed in the secondary activities manufacture the primary materials into finished goods. The workers are employed in steel factories, cars, breweries, textile industries. bakeries etc. fall into this category.
Some people are employed in providing services. In this chapter, we are mainly concerned with manufacturing industries that fall in the secondary sector. The economic strength of a country is measured by the development of manufacturing industries.
Importance Of Manufacturing
The manufacturing sector is considered the backbone of development in general and economic development in particular mainly because
Manufacturing industries not only help in modernizing agriculture, which forms the backbone of our economy, they also reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
. Industrial development is a precondition for the eradication of unemployment and poverty from our country. This was the main philosophy behind public sector industries and joint sector ventures in India. 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.
Countries that transform their raw materials into a wide variety of furnished goods of a higher value are prosperous. India’s prosperity lies in increasing and diversifying its manufacturing industries as quickly as possible.
Agriculture and industry are not exclusive of each other. They move hand in hand. For instance, the agro-industries in India have given a major boost to agriculture by raising its. productivity. They depend on the latter for raw materials and sell their products such as irrigation pumps, fertilizers, insecticides, pesticides, plastic, PVC pipes, machines, tools, etc. to the farmers.
Thus, the development and competitiveness of the manufacturing industry have not only assisted agriculturists in increasing their production but also made the production processes very efficient.
In the present day world of globalization, our industry needs to be more efficient and competitive. Self-sufficiency alone is not enough. Our manufactured goods must be at par in quality with those in the international market. Only then, will we be able to compete in the international market?
Contribution of Industry to National Economy
Over the last two decades, the share of the manufacturing sector has stagnated at 17 percent of GDP out of a total of 27 percent for the industry which includes 10 percent for mining, quarrying, electricity, and gas.
This is much lower in comparison to some East Asian economies, where it is 25 to 35 percent. The trend of growth rate in manufacturing over the last decade has been around 7 percent per annum. The desired growth rate over the next decade is 12 percent.
Since 2003, manufacturing is once again growing at the rate of 9 to 10 percent per annum. With appropriate policy interventions by the government and renewed efforts by the industry to improve productivity, economists predict that manufacturing can achieve its target over the next decade. The National Manufacturing Competitiveness Council
|No. of Pages||16|
|PDF Size||1.8 MB|
Manufacturing Industries Class 10 Notes PDF Free Download