Economic Sectors and Infrastructure

Manufacture of telephones computers, radars etc. fall under electronic industry. Electronic industry is growing at a high rate in India. The compound annual growth rate of electronic industry in India is about 24.4%.

 India's share in global electronics hardware production was 1.6%. The communication and broadcasting(Radio manufacturing) equipment segment constituted 31℅, thereby having a dominant share in the total production of electronic goods in India in FY13, followed by consumer electronics at 23℅.

• Hindustan photo film manufacturing company is a public sector firm which manufactures photo films, cine films, X-ray films, graphic arts films, photographic paper.
  
• This company is located in the hill station of Ooty.
  
• This was founded in the year 1960.
  

The electronics industry covers a wide range of products from transistor sets to television, telephones, cellular telecom, pagers, telephone exchange, radars, computers and many other equipments required by the telecommunication industry. A major impact of this industry has been on employment generation.

Large scale industry refers to that industry which has huge capital, huge equipments, large number of skilled labour etc. Fertilizer, natural gas and banking industries have these characteristics. Hence, they are all large scale industries.

Indian agricultural sector accounts for 18 percent of total GDP of India  and creates employment for 50 percent of the total countries' workforce. Hence, dependence of agriculture is one of the features of the Indian economy.

India was globally renowned for its high-quality handicrafts, specifically cotton textiles, silk, metalwork, and precious stone work, before the decline caused by British industrial policies.

The manufacturing sector is considered as the backbone of the economic development of the country because of the following reasons:

Sustainable economic growth requires a balanced development where the service sector growth is supported by a robust industrial and agricultural base.

Agriculture plays a major role in the overall development of the economy. Agriculture can be defined as the primary sector of the Indian economy. Agricultural sector is reponsible for providing employment to the 70% population of the country.

Agriculture sector can help in solving problems of urban congestion and pollution in urban areas. While all other sectors like, service sector, industrial and banking sector are responsible for adding up the problem of urban congestion and pollution in urban areas. Agriculture helps to maintain a sustainable environment.

The economic strength of a country lies in the development of manufacturing industries because : (i) Manufacturing industries help in modernizing agriculture. (ii) This sector transforms raw materials into finished products creating more choices for the consumers and making it more prosperous.

• Underdeveloped countries face the problem of deprivation of large section of the population, low per capita real income etc.
  
• Underdevelopment is low level of development characterized by low real per capita income, widespread poverty, lower level of literacy, low life expectancy and underutilisation of resources etc. 
  
• The state in underdeveloped economy fails to provide acceptable levels of living to a large fraction of its population, thus resulting into misery and material deprivations.

A functional zone is an area designated for only one kind of activity. Example industrial zone, residential zone, recreational zone etc. The land is divided in two ways, by its physical characteristics, and by its function.

It should be noted that under the cumbersome provisions of GATT (General Agreement for Tariff and Trade) India could not open up its agriculture sector for international trade. India’s exports were mainly confined to traditional items like spices, tea, coffee etc., which were having very low demand elasticity in the international market.