Textile Industry

| | | | | | |Role of Textile Industry in India GDP has been kinda beneficial in the economic life of the country. The worldwide employment of textiles and clothing has| |boosted up the GDP of India to a great utmost as this sector has brought in a huge bill of revenue in the country. | | | |In the past cardinal year, in that location has been a massive upsurge in the textile persistence of India. The industry size has expanded from USD 37 zillion in | |2004-05 to USD 49 billion in 2006-07. During this era, the local market witnessed a growth of USD 7 billion, that is, from USD 23 billion to USD 30 | |billion. The exportation market increased from USD 14 billion to USD 19 billion in the same period.

| | | |The textile industry is one of the confidential information sectors in the Indian economy as it contributes nearly 14 percent to the total industrial production. The | |textile industry in India is claimed to be the biggest revenue earners in terms of foreign supplant among all other industrial sectors in India. This| |industry provides mastermind employment to around 35 million people, which has made it one of the most advantageous industrial sectors in the country. | |Some of the definitive benefits offered by the Indian textile industry are as follows: |... If you want to get a full essay, order it on our website: Ordercustompaper.com

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