why is textile industry important for our country
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Like the other developing countries, the Textile industry in India also occupies an important place in the economy as shown below:
Key Indicators
●Contributes 4% to the Gross Domestic Product (GDP)
●Accounts for 17% of total Exports
●Is the largest employment provider after Agriculture ( 82 million people direct/indirect)
●Market size of the Textile industry (exports & domestic) is US$ 52 billion, at present
●Expected to reach US$ 110 billion by 2012
.
☆☆☆ hope this will help you☆☆☆
Key Indicators
●Contributes 4% to the Gross Domestic Product (GDP)
●Accounts for 17% of total Exports
●Is the largest employment provider after Agriculture ( 82 million people direct/indirect)
●Market size of the Textile industry (exports & domestic) is US$ 52 billion, at present
●Expected to reach US$ 110 billion by 2012
.
☆☆☆ hope this will help you☆☆☆
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