Which of the following is not an important item which India exports to...
Introduction:
India is a major player in the global export market, and its diverse range of products caters to the needs of various countries. The country is known for its manufacturing capabilities and has a strong presence in the global market for textiles and garments. However, not all items exported by India are equally important in terms of their contribution to the country's economy. One such item is machinery.
Explanation:
Manufactured goods:
Manufactured goods are one of the most significant items that India exports to other countries. These include a wide range of products such as automobiles, electronics, pharmaceuticals, chemicals, and machinery. The manufacturing sector in India has experienced significant growth in recent years, and the country has established itself as a reliable source of quality manufactured products. These goods contribute significantly to India's export earnings and play a crucial role in boosting the country's economy.
Readymade garments:
India is one of the largest exporters of readymade garments in the world. The country's textile industry is known for its diverse range of products, including traditional clothing, western wear, and high-fashion garments. Indian textiles are in high demand globally due to their quality, craftsmanship, and competitive pricing. The readymade garment sector provides employment to millions of people in India and contributes significantly to the country's export earnings.
Cotton yarn:
Cotton yarn is another important item that India exports to other countries. India is one of the largest producers of cotton in the world, and its yarn is highly valued for its quality and versatility. Indian cotton yarn is used in various industries such as textiles, garments, and home furnishings. The export of cotton yarn helps generate revenue for Indian farmers and contributes to the growth of the textile industry.
Machinery:
Contrary to the other options mentioned, machinery is not one of the most important items that India exports to other countries. While India does export machinery, it does not hold a significant market share compared to other countries like China, Germany, and the United States. These countries are known for their advanced technology and manufacturing capabilities in the machinery sector. India's exports in machinery primarily consist of low-value and low-tech products, limiting its competitiveness in the global market.
Conclusion:
In summary, while India exports a wide range of goods to other countries, machinery is not one of the most important items in terms of its contribution to the country's export earnings. India's strengths lie in the manufacturing sector, especially in the production of manufactured goods, readymade garments, and cotton yarn. However, it is worth noting that the government has been taking initiatives to promote the growth of the machinery sector and increase its export potential in the future.
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