Question

DESCRIBE THE IMPORTANCE OF TEXTILE INDUSTRY IN THE INDIAN ECONOMY?

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Answer 1

HELLO ,

these are the importance of textile industry in the Indian economy : -

textile industry is very important in india because 1.it contributes to the industrial production(14 percent) 2. provides employment opportunities(35 million persons directly) 3.it contributes towards the foreign exchange(about 24.6 percent) 4.it contributes 4 percent towards the GDP.

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