Why finance is the life blood of industry with example?

Finance is the lifeblood of industry because it enables businesses to fund operations, invest in growth, and manage risks. For example, a manufacturing company requires capital to purchase machinery and raw materials; without access to financing options like loans or equity investment, it cannot produce goods efficiently or expand its operations. Additionally, finance helps companies navigate market fluctuations and sustain their competitive edge by providing the necessary resources for innovation and development. Ultimately, effective financial management drives profitability and sustainability in any industry.