Why is the textile industry the largest industry in India today ? State any three reasons.
Answers
Answer:
1 Answer. The cotton textile industry is the largest industry in India today. ... (iii) This industry has a close links with agriculture and provides a living to farmers,cotton boll pluckers and workers engaged in ginning, spinning, weaving,dyeing, designing, packaging, tailoring and sewing.
Answer: The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour in textiles. The textile industry continues to be the second-largest employment generating sector in India. It offers direct employment to over 35 million in the country.According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$55 billion, 64% of which services domestic demand. In 2010, there were 2,500 textile weaving factories and 4,135 textile finishing factories in all of India. According to AT Kearney’s ‘Retail Apparel Index’, India was ranked as the fourth most promising market for apparel retailers in 2009.
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