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Textile Industry: The textile industry

occupies unique position in the Indian

economy, because it contributes significantly

to industrial production (14 per cent),

employment generation (35 million persons

directly - the second largest after agriculture)

and foreign exchange earnings (about 24.6

per cent). It contributes 4 per cent towards

GDP. It is the only industry in the country,

which is self-reliant and complete in the value

chain i.e., from raw material to the highest

value added products.

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12y ago

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