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Question
Which of the following industries has been hard hit by foreign competition?
Options
Dairy products
Leather industry
Cloth industry
Vehicle industry
MCQ
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Solution
Cloth industry
Explanation:
The cloth industry has been the hardest hit by foreign competition.
Cheap imported fabrics and readymade garments have affected India’s handloom and cottage industries. This has impacted the livelihood of millions of weavers and artisans across the country.
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Impact of Globalisation in India
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