what is the significance of cotton textile industries in Indian economy?
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➡Indian cotton is well known around the world and cotton textiles promotes the same all over the world which increases profit in the Indian economy and hence, prfofitting it.
➡It exports cotton dresses, either raw or sewed all around.
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India is one of the largest producers as well as exporters of cotton yarn. The Indian textiles industry contributes around 5% to country's gross domestic product (GDP), 14% to industrial production and 11% to total export earnings.
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