Question

What is the significance of textile industry in india with specific reference to cotton industry?

Answer 1

The significance of textile industry in india with specific reference to the cotton industry are:

1) it generates employment.

2)provides jobs to cotton ball pluckers.

3) the handspun khadi helps to generate and develop the cottage industries in india.

4)it contributes 4% towards the GDP of the nation.

5) it has huge demands in many countries like Russia , usa,and many european countries thus brings in the much needed foreign exchange and helps develop the economic status of the country.

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