Question

what is the importance of textile industry for the Indian economy

Answer 1

Answer:

Textile industry is a very important part of the Indian economy.

Explanation:

This is becouse India is one of the largest textile exporters in the world and many citizens of India have employment in the textile industry.If the textile industry for some time stopped,this would cause large damage to Indian economy.

Answer 2

Answer:

It suggests that textiles and clothing industries are important in economic and social terms, in the short-run by providing incomes, jobs, especially for women, and foreign currency receipts and in the long-run by providing countries the opportunity for sustained economic development in those countries with appropriate ...