Social Sciences, asked by Ayushka11, 1 year ago

what is the importance of the textile industry for the Indian economy

Answers

Answered by harshitakssharm
3
textile industry is the only industry in the country of India which is self reliant and complete in value chain of first added products
self reliant is the company which doesn't depend upon another industries for various inputs
it contributes about 4% to GDP
Answered by Anonymous
0

India's textile industry contributes about 14 per cent to industrial production; 4 per cent to the country's gross domestic product (GDP); 17 per cent to its export earnings; and is a source of direct employment for over 35 million people, which makes it the second largest provider of employment after agriculture

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