Question

The textile industyry occupies unique position in the Indian Economy Justify the statement​

Answer 1

Answer:

This is because:

-It contributes significantly to industrial production(14 per cent),employment generation(35 million persons directly-the second largest after agriculture)and foreign exchange earning(about 24.6%)

-It contributes 4% towards GDP.

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

Explanation:

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