indenization in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Indenization is the process of promoting and increasing local production and self-sufficiency within an economy.
Sample Sentences
- Indenization is an essential process in the development of a sustainable economy.
- The company's strategic plan includes a focus on indenization to boost local production.
- Experts believe that the indenization of industries will lead to greater job creation.
- Increased indenization can help reduce dependency on foreign imports significantly.
- The government is implementing policies to encourage the indenization of key sectors.