Why is the contribution of textile industry to the national income low despite being accountable for huge percentage of employment in this
industry?
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Explanation:
Textile industry is that industry which is related to the production and distribution of cloth and yarn mainly.
Textile industry is one of the biggest industry in the region and employs huge number of people but unfortunately it is facing alot of challenges in recent years. Some major challenges are the increased taxes, money devaluation against dollar and increasing international competition. All these factors have reduced the contribution margins of this industry
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