what is the importance of cotton textile industry for the Indian economy
Answers
Answer:
cotton is most important textile industry the Indian economy because;-
Cotton plays an important role in the Indian economy as the country's textile industry is predominantly cotton based. India is one of the largest producers as well as exporters of cotton yarn. The textile industry is also expected to reach US$ 223 billion by the year 2021.
The states of Gujarat, Maharashtra, Telangana, Andhra Pradesh, Karnataka, Madhya Pradesh, Haryana, Rajasthan, and Punjab are the major cotton producers in India.
Explanation:
it play a vital role by providing employment in substantial number of countrymen . cotton provide direct employment to 60 lakh farmer of the country provide indirect employment in cotton related industry around 4-5crore people.