Natural calamities: natural disasters such as floods, earthquakes destroy infrastructure and disrupt industrial activities.
High poverty level: high poverty levels lead to low purchasing power among the people leading to a low market for the manufactured goods
Brain drain: India suffers from massive brain drain. This has led to experts and skilled man power leaving the country to more developed countries that offer better terms for them
Political conflicts: political conflicts with Pakistan leading to taking tremendous financial resources at the expense of industrial development
Competition: Indian products face competition from those from developed nations
Dana05 answered the question on June 14, 2019 at 11:57
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