Describe the significance of textile industry in india. Give specific reference to cotton industries
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The textile industry occupies a unique position in the Indian economy because of its significant contributions towards industrial production, employment generation, and foreign exchange earnings. Additionally, it is the only industry which self-reliant and complete in its value chain.
2. The presence of the Cotton textiles industry dates back to the 18th century when spinning and handloom weaving techniques were popular. However, they suffered a setback during the colonial period when mill-made cloth came from England.
2. The presence of the Cotton textiles industry dates back to the 18th century when spinning and handloom weaving techniques were popular. However, they suffered a setback during the colonial period when mill-made cloth came from England.
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