Mention any three main problems faced by the textile industry. What is the contribution of textile industry through Indian economy?
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Answered by
25
Problems faced by the textile industry are-
1)Power supply is erratic.
2)Low output of labour.
3)Machinery needs to be upgraded.
4)Transport system for the quicker transportation of raw material to the industry.
Contribution of the textile industry towards india's economy are:
1)It generates employment.
2)foreign exchange earnings.it contributes 4% towards GDP.
3)increases industrial production by creating demands in other industries.
4)It is the only industry that is self-reliant and in the value chain that is from raw materials to valuable outputs.
hear is your answer. .......
1)Power supply is erratic.
2)Low output of labour.
3)Machinery needs to be upgraded.
4)Transport system for the quicker transportation of raw material to the industry.
Contribution of the textile industry towards india's economy are:
1)It generates employment.
2)foreign exchange earnings.it contributes 4% towards GDP.
3)increases industrial production by creating demands in other industries.
4)It is the only industry that is self-reliant and in the value chain that is from raw materials to valuable outputs.
hear is your answer. .......
tanishq1468:
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Answered by
7
Three major problems faced by cotton textile industries in India are :
(i) Erratic Power Supply.
(ii) Old and obsolete machinery and
(iii) Stiff competition with the synthetic fibre industry.
The textile industry occupies a unique position in the Indian economy :
(a) It contributes significantly to industrial production, 14 per cent of the total production of industries comes from textiles.
(b) It provides employment to about 35 million people directly.
(c) It contributes about 24.6 percent of the foreign exchange earnings of the country.
(d) Textiles contribute 4 percent towards GDP.
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