describe the significance of textile industry in India with specific reference to Cotton Industry
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The significance of textile industry in india with specific reference to the cotton industry are:
1) it generates employment.
2)provides jobs to cotton ball pluckers.
3) the handspun khadi helps to generate and develop the cottage industries in india.
4)it contributes 4% towards the GDP of the nation.
5) it has huge demands in many countries like Russia , usa,and many european countries thus brings in the much needed foreign exchange and helps develop the economic status of the country.
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The Cotton Textile Industry isn't a fundamental industry like iron and steel industry however it frames the biggest single industry in India. Consistently the Cotton Textile Industry produces 30% – 35%` of the aggregate industrial items in the nation. In a developing ion like India, the Cotton Textile Industry is essential, for it needs to take care of the demand for garments of the Indians and exports as well. The Cotton Textile Industry contributes almost 30% of the estimation of fares and utilizes more than 55 million labors. A few sections of India, viz., western and southern area are to a great extent subject to this industry.Moreover, many individuals are occupied with either cotton creation, or the clothing industry, numerous processing plants deliver the machines required for the cotton material industry and so on. Along these lines, the Cotton Textile Industry is essential to India's economy, straightforwardly or by implication.
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