India's Manufacturing Sector Flashcards
What is manufacturing?
Manufacturing is the process of turning raw materials into finished goods, such as textiles, machinery, and electronics.
How much does manufacturing contribute to India’s GDP?
Manufacturing accounts for approximately 28% of India’s GDP, making it a key part of the country’s economy.
How has India’s manufacturing sector changed since 1990?
The sector has grown significantly, with industries such as textiles, automobiles, and pharmaceuticals expanding due to foreign investment and economic reforms.
What are the main industries in India’s manufacturing sector?
Key industries include textiles, chemicals, automobiles, pharmaceuticals, steel, and consumer electronics.
Why is India’s manufacturing sector growing?
Growth is driven by foreign investment, government policies, a large workforce, and improved infrastructure.
What is the multiplier effect in manufacturing?
The multiplier effect occurs when growth in manufacturing leads to increased demand for services and creates more jobs in other sectors.
How has India’s automobile industry developed?
India is one of the largest car manufacturers in the world, with companies like Tata Motors, Maruti Suzuki, and Mahindra & Mahindra producing millions of vehicles each year.
What role does the pharmaceutical industry play in India’s economy?
India is a major global producer of generic medicines and vaccines, supplying over 50% of the world’s vaccines.
What impact has manufacturing had on wages in India?
Daily wages have increased by 42 Rupees since 2010, improving income levels for workers in the sector.
What are the social benefits of a growing manufacturing industry?
It reduces unemployment, improves standards of living, and increases access to education and healthcare due to higher tax revenues.
How does manufacturing impact India’s environment?
Manufacturing contributes to air and water pollution, deforestation, and industrial waste, leading to serious environmental concerns.
What environmental disaster was linked to manufacturing in India?
In 2001, Unilever’s thermometer factory in Kodaikanal contaminated the environment with toxic mercury, harming workers and local wildlife.
What is India’s role in global textile manufacturing?
India is one of the world’s largest textile producers, exporting cotton, silk, and synthetic fabrics to international markets.
How has foreign direct investment (FDI) influenced Indian manufacturing?
FDI increased from $7.3 billion in 2005 to $44 billion in 2015, bringing capital, technology, and jobs to India’s industries.
What is Make in India, and how does it support manufacturing?
Make in India is a government initiative to encourage domestic and foreign companies to set up manufacturing in India, boosting economic growth.
How does outsourcing affect manufacturing in India?
Many global companies outsource manufacturing to India due to low labor costs and a skilled workforce, increasing production and exports.
Why is India’s steel industry important?
India is one of the largest producers of steel, supporting construction, automobile manufacturing, and infrastructure development.
How has industrialization affected India’s energy consumption?
Increased manufacturing has raised demand for electricity, leading to a reliance on coal and renewable energy expansion.
What challenges does India’s manufacturing sector face?
Challenges include poor infrastructure, outdated technology, energy shortages, and environmental concerns.
How does manufacturing help reduce the development gap in India?
Manufacturing creates jobs, raises income levels, improves infrastructure, and increases government revenue for social programs, helping to close the development gap.