UPSC  >  Indian Economy for UPSC CSE  >  Industry in India - Part 2

Industry in India - Part 2 Video Lecture - Indian Economy for UPSC CSE

136 videos|338 docs|146 tests

FAQs on Industry in India - Part 2 Video Lecture - Indian Economy for UPSC CSE

1. What are the major industries in India?
Ans. India has a diverse range of industries, but some of the major ones include information technology, pharmaceuticals, automotive, textiles, and agriculture. These industries contribute significantly to India's economy and provide employment opportunities for millions of people.
2. How does the information technology industry contribute to India's economy?
Ans. The information technology industry plays a crucial role in India's economy by contributing to its GDP, export earnings, and job creation. India is known as a global hub for IT services, software development, and business process outsourcing. The industry attracts foreign investments, boosts technological advancements, and supports innovation and entrepreneurship.
3. What is the current state of the pharmaceutical industry in India?
Ans. The pharmaceutical industry in India is one of the largest in the world and has been experiencing steady growth. India is a major supplier of generic drugs globally and is known for its cost-effective manufacturing capabilities. The industry contributes to healthcare accessibility and affordability, both domestically and internationally.
4. How important is the automotive industry to India's economy?
Ans. The automotive industry is a significant contributor to India's economy. It generates substantial revenue, provides employment opportunities, and supports related industries such as steel, rubber, and electronics. India is one of the largest automobile markets in the world and also exports vehicles to various countries.
5. What role does agriculture play in India's economy?
Ans. Agriculture is a vital sector in India's economy, employing a significant portion of the population and contributing to the country's food security. It provides raw materials for various industries, such as textiles and food processing. However, the sector faces challenges such as low productivity, fragmented land holdings, and climate change, which require continuous efforts for improvement and sustainability.
136 videos|338 docs|146 tests
Explore Courses for UPSC exam

How to Prepare for UPSC

Read our guide to prepare for UPSC which is created by Toppers & the best Teachers
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Download free EduRev App
Track your progress, build streaks, highlight & save important lessons and more!
Related Searches

video lectures

,

study material

,

Extra Questions

,

pdf

,

Industry in India - Part 2 Video Lecture | Indian Economy for UPSC CSE

,

Important questions

,

ppt

,

Objective type Questions

,

Industry in India - Part 2 Video Lecture | Indian Economy for UPSC CSE

,

shortcuts and tricks

,

Summary

,

MCQs

,

Previous Year Questions with Solutions

,

Semester Notes

,

mock tests for examination

,

Viva Questions

,

practice quizzes

,

Industry in India - Part 2 Video Lecture | Indian Economy for UPSC CSE

,

Sample Paper

,

Exam

,

past year papers

,

Free

;