Question

How does textile industry occupy a unique position in Indian economy? Explain giving any three points.

Answer 1

Hey

Explanation:

ADVERTISEMENTS:

(i) It occupies a unique position in the Indian economy because it contributes significantly to the industrial production (14 per cent).

(ii) It employs about 35 million people directly and earns foreign exchange of about 24.6 per cent.

(iii) It contributes 4 per cent towards GDP.

Answer 2

○ it employs about 35 million people directly and earns foreign exchange of about 24.6 percent

○ the hand spun khadi provides large scale employement to weavers in their home as cotton exchange

○ it contributes 4% to our GDP

○ Large share in the world trade of cotton