Question

24.3.
industry is the only industry in India which is self-reliant and
complete in the value chain.
a. Sugar
b. Chemical
c. Cement
d. Textile​

Answer 1

Answer:

d) TEXTILE INDUSTRY is the only industry in India which is self reliant and complete in the value chain

Answer 2

Answer: (d) Textile industry

Explanation:

Textile industry is the only industry in the country which is self reliant and complete in the value- added products. This is because:

1. Textile industry consists of many stages of production, one after the other. At each stage of production is the raw material for the other stage. Thus, after each stage of production, the value of raw material increases.
2. Textile industry goes hand in hand with agriculture and provides employment opportunities to agricultural farmers, cotton boll pluckers, and other workers engaged in jobs such as packing, sewing etc.
3. This industry contributes significantly to industrial production which has led India to a world- class production of spinning yarn.
4. Textile industry has influenced foreign exchange to a high extent. There has been a significant increase in foreign trade across the world.
5. Moreover, it has acted as a remarkable contributor towards the National GDP.

Hope you got the answer along with the explanation.

Thank You.