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What is the need for industrialisation in India? |
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Answer» Industries convert raw material into finished goods. By doing so, they add value to the gifts of nature. For example, a small wrist watch which may weigh a few grams of fine steel, costs much more than a tonne of iron ore. The key to India’s prosperity lies in industrialisation. The revenue generated through industrialisation can be used to provide employment, improve India’s balance of trade, alleviate poverty and improve the quality of life. |
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