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4.Write short notes on(i) The leather Industry(ii) The iron and steel Industry.(iii) The cotton Industry(iv) The information and technology industries

Answer»

1)Leather is one of the most widely traded commodities globally. The growth in demand for leather is driven by the fashion industry, especially footwear. Apart from this, furniture and interior design industries, as well as the automotive industry also demand leather. The leather industry has a place of prominence in the Indian economy due to substantial export earnings and growth.

The Indian leather industry accounts for around 12.93 per cent of the world’s leather production of hides/skins. The country ranks second in terms of footwear and leather garments production in the world and accounts for 9.57 per cent of the world’s footwear production.

Export highlightsIndia’s leather industry has grown drastically, transforming from a mere raw material supplier to a value-added product exporter.

2) The quality and quantity of the iron and steel industry of a country, greatly influ­ences the nature and type of the industrial development. Iron and steel industry truly forms the basis not only of the industrial structure but of the very way of life in the modern world.

The economic growth of both developed and developing country is largely dependent on its steel-making capacity.

The usefulness of iron and steel as a metal is because of its certain qualities such as:

(i) Great strength and toughness,

(ii) Great elasticity,

(iii) Relatively high ductility,

(iv) Low cost and ease of production,

(v) Alloy-ability, etc.

Iron can be alloyed with many other metals to produce special steels for diverse and specific needs. Small amounts of chromium in steel improve hardening qualities. When alloyed with nickel it has increased toughness and ductility, and becomes highly resistant to corrosion, so it is used for armour planting. The addition of 12 per cent manganese to steel imparts great toughness and resistance to abrasion. Similarly addition of cobalt, molybdenum, tungsten, vanadium, etc., produces special type of steel useful for various purposes

!!!)The textile industry occupies a unique position in indian economy...it conteibutes significantly to industrial production...it also generates employment directly or indirectly...it contributes 4 percent towards gdp.....it has close links with agriculture and provides a living to farmers..cotton boll pluckers and workers engaged in ginning..spinning..weaving..dyeing..designing..packaging ..tailoring and sewing...it also supports other industries such as chemicals and dyes..mill stores...packaging materials and engineering works and many more

Iv)

During the past decade, the Indian IT industry has been experiencing a dramatic growth. It grew from Rs.4.7 billion in 1991 to Rs.755.47 billion in 2003, accounting for nearly 3% of the GDP. The revenues generated from software exports reached $10.4 billion for the financial year 2003 with a 30% growth over the previous year. The main factors which contributed to the success story of the Indian IT industry are:

-Support from the government in the form of industrial parks, which enjoy various incentives and tax benefits.

-Liberal export import policy.

-Strict quality policies adopted by the IT industry in terms of reliability, stability and maintainability by adhering to the standards laid down by the ISO

The Indian IT Industry has grown from a mere USD 150 million in 1990-91 to USD 50 billion in 2006-07 with annual growth rates of nearly 30% in the last 10 years.



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