Answer:
The economy of India is mobilizing various sectors. The sectors of agriculture , technology , trade , and manufacturing and production industries are the main sectors that develop India’s economy . India is the sixth largest economy based on Gross Domestic Product.
Explanation:
Agriculture Sector
Currently, India is a leading producer of lemons, oils, bananas, mangoes and papaya, wheat, rice, sugarcane, many vegetables, tea, cotton, and silkworms.
The agricultural industry in India is currently faced with several problems. First, the industry is not as efficient as this: millions of small farmers rely on rains for the water needed for their crop production. The agricultural infrastructure is not well developed, so there is little irrigation and the agricultural product is at risk of deterioration due to the lack of adequate storage facilities and distribution methods.
Manufacturing Industry
In addition to chemicals, India produces a large supply of pharmaceuticals around the world as well as billions of dollars worth of cars, motorcycles, tools, tractors, machinery, and forged steel.
India also mines a large number of gems and common minerals including iron ore, bauxite, and gold along with asbestos, uranium, limestone, and marble.
Technology and BPO Sector
Among the leading service industries in the country are telecommunications, IT, and software, and workers are employed by both local and international companies.
Trade Sector
The retail trade sector in India is large. But it’s not just clothing, electronics, or traditional consumer retail that is gaining momentum; agricultural retail, which is important in an inflation-conscious country like India , is also significant.
