How does the textile industry occupy a unique position in the Indian economy? Examine by giving three reasons.
(cbse class 10 sst question paper 2012)
Answers
Answered by
5
SOLUTION:
The Textile industry occupies a unique position in the Indian economy because of the following reasons:
1.It contributes nearly 14% in the industrial production.
2. It provides employment to nearly 35 million people.
3. Export of textile goods earns valuable foreign exchange. It contributes 4% towards GDP.
HOPE THIS WILL HELP YOU...
The Textile industry occupies a unique position in the Indian economy because of the following reasons:
1.It contributes nearly 14% in the industrial production.
2. It provides employment to nearly 35 million people.
3. Export of textile goods earns valuable foreign exchange. It contributes 4% towards GDP.
HOPE THIS WILL HELP YOU...
Answered by
1
Textile industry occupies a unique position in the Indian economy because:-
♧ It contributes significantly to the industrial production.
♧ It also help in employment generation.
♧ It contributes to foreign exchange earnings.
♧ It contributes 4% to GDP.
♧ It is self reliant and complete in the value chain.
Similar questions
Physics,
8 months ago
Social Sciences,
8 months ago
Hindi,
8 months ago
Geography,
1 year ago
English,
1 year ago
Social Sciences,
1 year ago