Why it is important to improve our weaving sector instead of exporting yarn in large quantity
Answers
In ancient times the handloom weaving method was used to produce cotton textiles. Even now it is used, but it needs to improved and more mechanized. The yarn is a raw material which is exported to other countries. These countries process it and produce high-quality clothes which gets them huge profits. This is most of the times imported by us which affects the economy negatively. We need to develop the weaving industry so as to process this domestically and then export the finished product for larger gains.Read more on Sarthaks.com - https://www.sarthaks.com/955369/why-important-for-to-improve-our-weaving-sector-instead-exporting-yarn-large-quantities
Answer:
Explanation:
Yarn is an unprocessed product, and thus it has a lower value.it is used as a raw material in textile industries/weaving to produce fabric(cloth), after which it can be sold for a much higher value.if we export yarn in large quantities, the profit gained is low, and the whole process would employ less people, but if the weaving sector is developed, the yarn can be used in indigenous industries, which would employ more people and generate higher profit.