Regional-resource based manufacturing strategy:
- Involves identifying local resources and building manufacturing units to utilize them
- Promotes development of local industries and creates jobs
- Reduces dependence on imports
- Helps in promoting the local economy
Promotion of Employment in India:
- India has a large population and a high unemployment rate, especially in rural areas
- Regional-resource based manufacturing can provide jobs for locals, especially in rural areas
- By utilizing local resources, industries can be established in remote areas, providing jobs and reducing migration to cities
- This can also lead to the development of small and medium enterprises (SMEs)
- By promoting local industries, it can create an ecosystem of self-reliance and sustainability.
- Limited availability of resources in certain regions can be a constraint
- Lack of infrastructure and access to market can be a hindrance
- Government support is crucial for successful implementation
In conclusion, Regional-resource based manufacturing strategy can be a good way to promote employment in India, especially in rural areas. However, it is important to address the challenges and provide the necessary support for the successful implementation of this strategy.