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Secondary Sector of Indian Economy

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Secondary Sector of Indian Economy

The secondary sector of the economy includes those economic sectors that create a finished usable product and hence depend on primary sector industries for the raw materials. 

This sector includes mining, manufacturing and construction.  Mining, manufacturing, and construction are all part of this industry. The secondary sector contributes 24% of the share in the Indian economy.

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Industry

IndiaтАЩs gross domestic product (GDP) at current prices stood at Rs. 51.23 lakh crore (US$ 694.93 billion) in the first quarter of FY22, as per the provisional estimates of gross domestic product for the first quarter of 2021-22. The manufacturing GVA at current prices was estimated at US$ 77.47 billion in the third quarter of FY22.

Thus policies and strategies were framed to give a boost to IndiaтАЩs industry. The government aims at achieving self-sufficiency in production and protection from foreign competition. 

Today India holds some key industries in the sectors like steel, engineering and machine tools, electronics, petrochemicals, textiles and software. 

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Construction

The process of building or assembling of infrastructure is known as a term commonly used in architecture and civil engineering- тАЬconstructionтАЭ. 

Construction job is all about multitasking and needs the services from project manager, construction manager, design engineer, construction engineer and project architect.
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