What do you understand by the term ‘de-industrialisation’? What was its impact on the Indian Economy?

De-industrialization is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially heavy industry or manufacturing industry. It is the opposite of industrialization.The term de-industrialization crisis has been used to describe the decline of labor-intensive industry in a number of countries and the flight of jobs away from cities. One example is labor-intensive manufacturing. After free-trade agreements were instituted with less developed nations in the 1980s and 1990s, labor-intensive manufacturers relocated production facilities to third world countries with much lower wages and lower standards. In addition, technological inventions that required less manual labor eliminated many manufacturing _________ ___ _______ ____ _____ _________.
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