Explain the need for rapid industrialization in India.

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Explain the need for rapid industrialization in India.

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  1. Answer:

    For economic growth and development of any country, industrialization is very essential. As India is a developing country, rapid industrialization is needed in India.

    • Industrialization can help the progress of agriculture, trade, transport and all other economic activities.
    • Industrialization is the essential factor for economic development. It will make the best possible use of our human and physical resources. Rapid industrialization is important for creating employment opportunities, promotion of education, training and research. 
    • It improves labour productivity and balanced regional development. Industrial growth brings a rapid increase in the national income of the country.
    • For reducing the increasing pressure of exploding population on our developing economy, rapid industrialization is a must. We can use more capital and technologies.