TEXTILE INDUSTRY OF INDIA: OUTLOOK AND CHALLENGES
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- TEXTILE INDUSTRY OF INDIA: OUTLOOK AND CHALLENGES
The genesis of the textile industry in India can justifiably be traced to the Indus Valley Civilization. The textile industry holds a prominent position in the Indian economy. This industry contributes 4 per cent to the global trade in textiles and apparel, 2 per cent to the national Gross Domestic Product (GDP), more than 12 per cent of the manufacturing sector’s GDP, and 7 per cent of industry output in value.
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