Geography, asked by PrajwalR4852, 11 months ago

Which industry is the only self-reliant industry in India?

Answers

Answered by student0000000
2

Answer:

Textile(cotton) industry is the only industry in India which is self reliant.

Explanation:

Answered by hotelcalifornia
0

Textile Industry is the only self-reliant industry in India.

Explanation:

  • The textile industry, which is also an agribusiness, is the only autonomous, self-reliant industrial company in India.
  • It is completely in the value chain, that is to say it itself is interested in extracting the most value added goods from raw materials to produce.
  • In India, the textile industry accounts for 14% of industrial production and 4% of GDP.
  • The Indian apparel industry of $150 billion is expected to reach $250 billion by 2019 and will become one of the largest in the Indian economy.
  • During FY 2017-18 the textile exports amounted to US$ 39.2 billion and are expected to increase by 2021 to USD 82.0 billion.

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