Social Sciences, asked by rockdart3392, 1 year ago

Textile industry occupies a unique position in Indian economy "". Support the statement with appropriate arguments.(Delhi - 2015)

Answers

Answered by HeAvEnPrlnCesS
2

Answer:

Textile industry occupies a unique position in Indian economy:

1. It contributes enormously to industrial production (14%), 4% to the GDP and almost a quarter of the foreign exchange earnings.

2. It is the second largest sector after agriculture in terms of employment generation. It employs almost 35 million people directly.

3. It is the only industry in the country that is self-reliant and produces from raw material to highest value-added products i.e. complete in the value chain.

Explanation: Textile production has been prominent in the country since ancient times. It’s a very important of the country's tradition as well as economy.

Answered by Anshuman3075
1

The textile industry occupies a unique position in the Indian economy because :

* It contributes 4% in the GDP .

* It is the only industry in the country which is self reliant, this means that these industries does not take help of other industries for their production .

*It is the second largest employment generating sector in India after agriculture .

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