Explain the present position of cotton industry in india notes
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The position of cotton industry in India is good than before because farmers are getting right price of their cotton so they make more good cotton and sell and when company get it is very good for them.So it is very easy for industry to sell to company and company to consumer.
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The cotton textile industry is one of the well organised, oldest and largest industry in India. This is in the terms of value of its output and employment size. It plays a very important role in Indian economy. It is closely linked to agriculture and rural economy and contributes over 14% of industrial production in the country. India is world's third largest producer of textile after China and USA. The cotton textile industry is an organised sector. The cotton mills has two mills- Spinning Mills of Yarn and Composite mills of Yarn and Cloth both
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