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Importance of textile industry |
| Answer» The manufacture of\xa0textiles\xa0provides an economic boost to many countries in the world. ... The\xa0textile industry\xa0is very\xa0important\xa0in bringing in jobs and money to developing countries like Bangladesh, Cambodia, and Sri Lanka. Other countries such as China, India, and Pakistan, also export many types of\xa0textiles. The\xa0textile industry\xa0is very\xa0important\xa0in\xa0india\xa0because 1.it contributes to the\xa0industrial production(14 percent) 2. provides employment opportunities(35 million persons directly) 3.it contributes towards the foreign exchange(about 24.6 percent) 4.it contributes 4 percent towards the GDP. | |