What are the benefits of agro-based industries in India? Give examples of such industries.
Answer:
Answer by Student
- The benefits of agro-based industries in India are:
- They help in the development of the rural economy by providing a market for agricultural produce and creating value addition.
- They help in reducing the dependence on imports of agricultural products and saving foreign exchange.
- Some examples of agro-based industries in India are:
- Textile industry: It uses cotton, jute, silk, wool and synthetic fibres as raw materials to produce yarn, fabric, garments and other products.
- Sugar industry: It uses sugarcane as raw material to produce sugar, molasses, ethanol, bagasse and other product
Detailed Answer by Teachoo
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Agro-based industries are those industries that use agricultural products as their main raw materials . They are important for the development of the Indian economy as they provide employment , income , and foreign exchange .
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Some of the benefits of agro-based industries in India are:
-
They help in the development of the
rural economy
by providing a market for agricultural produce and creating
value addition
. They also generate employment opportunities for the rural population, especially women and small farmers.
- They help in reducing the dependence on imports of agricultural products and saving foreign exchange. They also contribute to the diversification of exports and enhance the competitiveness of Indian products in the global market.
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They help in the development of the
rural economy
by providing a market for agricultural produce and creating
value addition
. They also generate employment opportunities for the rural population, especially women and small farmers.
-
Some examples of agro-based industries in India are:
- Textile industry : It is one of the oldest and largest industries in India, accounting for about 20% of the industrial output and 13% of the export earnings. It uses cotton, jute, silk, wool and synthetic fibres as raw materials to produce yarn, fabric, garments and other products. It provides employment to about 45 million people directly and 60 million people indirectly. It is also a major source of foreign exchange earnings for the country.
- Sugar industry : It is one of the largest agro-based industries in India, producing about 25 million tonnes of sugar annually. It uses sugarcane as raw material to produce sugar, molasses, ethanol, bagasse and other products. It provides employment to about 5 million farmers and 0.5 million workers. It is also a major source of renewable energy as it produces about 2,500 MW of power from bagasse.
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