Social Sciences, asked by BrainlyHelper, 1 year ago

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 nikitasingh79
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...
Answered by Anonymous
1

\large\mathfrak\red{HERE\:IS\:YOUR\:ANSWER}

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.

\large\mathcal\red{HOPE\:IT\:HELPS\:YOU!!}

Similar questions