Discuss the importance of industry in economic development of India?

Industrialization has an important role to play in the economic development of the under-developed countries like India with huge man power and large and varied resources.

i)Rapid growth of income
The first and th foremost argument in favor of industrialization is that it can provide a base for rapid growth of income.It is because of the fact that that productivity rates are higher in industry than in agriculture. Industries mainly depend on man;'s effort while agriculture is restricted by th limiting factor of the nature. It is also seen that the Industrialized ______ _______ __________ _________ __________ _____ ________ ____ _______ __________ ______.
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