MANUFACTURING INDUSTRIES
Production of goods in large quantities after processing from raw material to more valuable product is known as manufacturing.
Example-
1.CLOTH FROM COTTON
2. SUGAR FROM SUGARCANE.
3. PAPER FROM WOOD.
4. IRON FROM IRON ORE.
What you will read in this chapter~
☆ What is manufacturing industries?
☆Classifications of industries
☆ Agro based industries
☆ Minerals based industries
☆ Industrial pollution and environmental degradation
USES OF MANUFACTURING-
1.. Economic strength of a country is measured from the development of manufacturing industries. It is the backbone of our economy.
2.. The reduced the dependence of people on agriculture.
3.. Providing jobs.
4.. Export of manufactured goods and bring foreign exchange.
5.. Eradicate poverty and unemployment.
6... Countries that transform their raw materials into a wide variety of furnished goods of higher value are prosperous.
CONTRIBUTION OF INDUSTRY TO NATIONAL ECONOMY.
The share of manufacturing sector in the GDP gross domestic product has been stagnant at 17 % over the last two decades.
The total contribution of industry to the GDP is 27% out of which 10% comes from mining, quarrying, electricity and gas.
The growth of the manufacturing sectors had been 7% in the last decade since 2003 the growth rate has been 9 to 10% per annum the desired growth rate over the next decade is 12%.
The national manufacturing competitiveness council(NMCC) has been set with the objective of improving productivity through proper policy interventions by the government and renewed efforts by the industry.
FACTORS THAT CONTRIBUTE TO THE LOCATION OF INDUSTRIES
1.Availability of cheap labour.
2. availability of water.
3. availability of electricity.
4. availability of capital.
5. availability of market
6. availability of raw material.
CLASSIFICATION OF INDUSTRY
1.. On the basis of Source of raw material used.
2.. according to their main role
3.. on the basis of capital investment
4.. on the basis of ownership
5.. bulk and weight of raw materials and finished goods.
Cotton textiles
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