Industrialization plays an important role in the promotion of trade. The advanced nations gain in trade than countries who are industrially backward. Industrialization has been instrumental in the economic development of the world. The process has improved productivity and allowed for mass production, which has increased standards of living. Manufacturing industries not only help in modernizing agriculture, they also reduce the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors. Industrial development is a precondition for eradication of unemployment and poverty from our country.