Why textile industry is having important role in the indian economy?
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The textile industry of India gives great contribution to the GDP. This industry is providing second largest employment after agriculture sector. And thus, development of this industry directly affect to the Indian Economy. ... The exports of textiles has been up to USD 41.67 billion in 2014-15 that is by 3%.
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because it provides a steady income to the people and also contributes 20% to india's gdp
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