Economy, asked by niamthao5813, 1 year ago

The largest population of industrial worker in india is found in the textile industry .Why

Answers

Answered by rizwannizarudin
2

1) Textile industry occupies unique position in the Indian economy as it contributes significantly to industrial production (14%), employment generation (35 million persons directly – 2nd to Agriculture) and foreign exchange earnings (about 24.6 %)



2) It is the only industry in the country which is self reliant and complete in the value chain i.e., from raw material to highest value added products



3) This industry also contributes 4% towards GDP. Since this industry provides employment to other industries, it can be rightly said that largest proportion of industrial workers are found in textile industry


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Answered by jagratvashishth03925
0

1) Textile industry occupies unique position in the Indian economy as it contributes significantly to industrial production (14%), employment generation (35 million persons directly – 2nd to Agriculture) and foreign exchange earnings (about 24.6 %)

2) It is the only industry in the country which is self reliant and complete in the value chain i.e., from raw material to highest value added products

3) This industry also contributes 4% towards GDP. Since this industry provides employment to other industries, it can be rightly said that largest proportion of industrial workers are found in textile industry

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