Manufacturing industries are those prime wealth producing sectors of the global economy, engaged in the creation of new products from various goods and substances. The companies engaged in manufacturing activities employs numerous technologies and systems which can also be known as manufacturing process management. An example of this would be baked goods, handcrafted jewelry, other handicrafts and art.
Manufacturing industries are substantial for any economy as they owns a major part of the labor force. The manufacturing industries principally produces products required by sectors possessing significant importance which further assists in strengthening national framework and hence these industries are higher operational factors of the global economy.