Answer:
(i)
Manufacturing industries not only help in modernising agriculture, which forms
the backbone of our economy, they also reduce heavy dependence of people on
agriculture by providing them jobs in secondary and tertiary sectors.
(ii) Industrial development 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.
(iii) Export of manufactured goods expands trade and
commerce, and brings in much needed foreign exchange.
(iv) Countries that transform their raw materials into a
wide variety of furnished goods of high value are prosperous. India's
prosperity lies in increasing and diversifying its manufacturing industries as
quickly as possible.
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