Manufacturing Goods

Production of goods in large quantities after processing from raw materials to more valuable products is called manufacturing. Paper is manufactured from wood, sugar from sugarcane, iron and steel from iron ore and aluminium from bauxite. Manufacturing sector is considered as the backbone of development in general and economic development. The economic strength of a country is measured by the development of manufacturing industries. Agriculture and industry are not exclusive of each other. They move hand in hand. For instance, the agro-industries in India have given a major boost to agriculture by raising its productivity. They depend on the latter for raw materials and sell their products such as pesticides, plastic and PVC pipes, machines, and tools, etc. to the farmers. Thus, development and competitiveness of manufacturing industry has not only assisted agriculturists in increasing their production but also made the production processes very efficient. In the present-day world of globalisation, our industry needs to be more efficient and competitive. Self-sufficiency alone is not enough. Our manufactured goods must be at par in quality with those in the international market. Only then, we will be able to compete in the international market. Export of manufactured goods expands trade and commerce and brings in much needed foreign exchange.