Single Answer MCQ
Q-00044334

Why is the textile industry particularly significant in India's economy?

1

It employs a large number of people.

2

It primarily exports raw fibers.

3

It is solely focused on luxury goods.

4

It competes only within the domestic market.

Answer and Solution

Answer

A. It employs a large number of people.

Solution:

The textile industry is significant because it contributes heavily to employment and industrial production in India.

Watch Video Solution