Friday 28 September 2018

What will happen if there is no manufacturing industry?

Manufacturing industry is the backbone of our country after agriculture.  But nowadays it is in a declining stage due to non-support reasons like electricity, water, raw materials, and increase in transport price.  Mostly south India affected more in this sector.  May have many reasons and complaints on government barriers.

Service sector grows in higher factorial growth.  Services comprises of solving backend issues of foreign customers through offline and online.

What will happen if there is no manufacturing industry?  Don’t worry we may not die.  Just we will buy the product with higher price since they may produce from other countries.  Decision authorities have the responsible to avoid this scenario.

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