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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. The secondary sector contributes 24% of
the share in Indian economy.
Industry
India’s
industrial sector accounts for 27.6% of the GDP and gives employment to
17% of the total workforce. Though agriculture is the foremost
occupation of the majority of the people, the government had always
laid stress on the industrial development of the country. Thus policies
and strategies were framed to give a boost to India’s industry. The
government aims at achieving self-sufficiency in production and
protection from foreign competition. Since independence, India is
marching ahead to become a diverse industrial base.
Today
India holds some key industries in the sectors like steel, engineering
and machine tools, electronics, petrochemicals, textiles and software.
Importance has also been give to improve the infrastructure of the
country. The government has liberalized its industrial policy thereby
attracting huge foreign direct investment. If on one hand several
multinational companies opened their offices in India, on the other
hand many Indian companies started their operations in foreign
countries.
Construction
The process
of building or assembling of infrastructure is known as a term commonly
used in architecture and civil engineering- “construction”.
Construction job is all about multitasking and needs the services from
project manager, construction manager, design engineer, construction
engineer and project architect.
Fuck this shitty economics
Secondary sector of India
Secondary sector of India