Social Science: Manufacturing Industries - Types of Manufacturing Industries

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"The textile industry is the only industry in the country which is self-reliant and complete in the value chain." Justify the statement.

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Solution

Textile industry is considered to be self reliant because products produced at each stage are used as raw materials for next stage of production. Value chain refers to a number of activities that textile industry performs right from the production of raw materials to the delivery of finished products, and adds substantial value to that product at each stage of processing

Concept: Types of Manufacturing Industries
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2015-2016 (March) Delhi Set 1
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