-. Who are the gainers in the cotton textile industry? Explain
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Answer:
ntroduction: India is one of the important cotton-manufacturing countries of the world. Both short-staple and long-staple cotton is grown in the country.
The productions of cotton, hand spinning and weaving have been practiced in India from immemorial times. However, the factory production of cotton goods dates from the middle of the 19th century.
The cotton textile industry in Indian was initiated with the establishment of the first cotton textile factory at Ghusuri near Kolkata in 1818. However, it was closed down very soon due to the shortage of raw material. Actual development of the industry had been taking place since 1859 with the establishment of cotton mill at Mumbai which is located in the cotton growing region of Western India. Since then there has been rapid growth of the industry around Mumbai and Ahmedabad.
Industry has made rapid progress since 1880. The cotton mill industry made phenomenal progress during the period of 40 or 45 years since 1880. In the beginning, yarns spinning developed a great deal. There was an export trade in yarn with China. Now, however, both yarn and cloth are manufactured for home-consumption.
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Answer: eag
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