State the economic importance of the cotton textile industry in India.

1.	State the economic importance of the cotton textile industry in India.
Answer» The cotton textile industry is important for India in the following ways. a. 20% of the working population is employed in the cotton textile industry. b. Garments and textiles are essential for life. c. It generates a substantial amount of foreign exchange through export to countries of Asia and Africa. d. It supports other industries like dyeing and bleaching, washing powder and soaps, packaging and transport industries.

Answer»

The cotton textile industry is important for India in the following ways.

a. 20% of the working population is employed in the cotton textile industry.

b. Garments and textiles are essential for life.

c. It generates a substantial amount of foreign exchange through export to countries of Asia and Africa.

d. It supports other industries like dyeing and bleaching, washing powder and soaps, packaging and transport industries.

Discussion