Social Sciences, asked by Deeksha2571, 5 months ago

Name the industry which is self-reliant and complete in the value chain

Answers

Answered by DevanshuYadav123
2

Answer:

The textile industry occupies a unique position in Indian economy, because it contributes:

(i) Significantly to industrial production (14 percent).

(ii) It generates employment (35 million persons directly).

(iii) Earns foreign exchange (about 24.6 percent).

(iv) It contributes to a larger amount towards GDP (4 percent).

(v) Only industry in the country which is self-reliant and complete in the value chain, i.e., from raw material to the highest value added products.

Explanation:

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