India has been major product of cotton fabric and items to many others countries find ou how it helps us
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It mainly helps us to increase our financial conditions.
We sell cotton fabrics to another countries which are in the category of finished goods. Now if we would have sold cotton, then the money which we would be getting in return would be lower than that of the money which we would be getting in return by selling finished goods.
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It brings money into the country, enhances foreign trade , increases the foreign exchange, and tries to balance the money that goes out of the economy because of imports. It increases the country's gross domestic product( GDP) and also helps in establishing its market in the foreign countries.
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