Critically evaluate, why does cotton textile industry occupies unique position in the Indian economy?
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(i) The textile industry contributes significantly to industrial production. ... (ii) 35 million persons are directly engaged in this industry. Thus, it is the second largest industry after agriculture in employment generation. (iii) It contributes 4% towards GDP.
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(i) The textile industry contributes significantly to industrial production. ... (ii) 35 million persons are directly engaged in this industry. Thus, it is the second largest industry after agriculture in employment generation. (iii) It contributes 4% towards GDP.
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