Single Answer MCQ
Q-00044358

Why is the cotton textile industry significant to the Indian economy?

1

It has no employment generation.

2

It relies completely on imports.

3

It contributes to industrial production and exports.

4

It only benefits urban areas.

Answer and Solution

Answer

C. It contributes to industrial production and exports.

Solution:

The cotton textile industry significantly contributes to industrial production and foreign exchange earnings in India.

Watch Video Solution