“The textile industry is the only industry in the country which is self-reliant and complete in the value chain.” Justify the statement.
DELHI - SET 1 2016
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The textile industry is self-reliant and complete in value chain:
- It contributes significantly to industrial production (14%).
- Employment generation (35 million persons directly-the second largest after agriculture).
- Foreign exchange earnings (about 24.6%).
- It contributes 4 percent towards GDP.
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