The consequences of child labor in Indian industry include:
1. Educational Impact: Children engaged in labor miss out on education, which affects their future prospects and keeps them trapped in low-income jobs.
2. Health Hazards: Child labor often exposes children to dangerous working conditions, leading to physical and mental health issues.
3. Perpetuation of Poverty: Children working in hazardous environments grow up with limited skills, perpetuating the cycle of poverty and limited economic mobility.
4. Violation of Rights: Child labor is a violation of children's rights, hindering their ability to live a healthy and productive life.
5. Economic Consequences: Although child labor may seem economically beneficial in the short term, it stifles innovation, reduces the productivity of the future workforce, and slows economic growth.
6. Social Inequality: It exacerbates social inequality by denying children from lower-income families the opportunity for upward mobility through education and better employment opportunities.