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In What Way Does the Cotton Industry Contribute to the Economy of India? Mention Any Three Relevant Factors.

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Question

In what way does the cotton industry contribute to the economy of India? Mention any three relevant factors.

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Solution

(i) The cotton industry is a major foreign exchange earner for India.
(ii) It provides employment to a large section of the population.
(iii) Supports a large number of industries like chemical, packaging material etc.

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