Share of textiles sector profits to GDP 2003-2018
As of 2018, the ratio of profits from the textile sector to India's GDP was only around 0.02 percent. Even though the textile sector has been one of the oldest contributor's to India's economy, it does not account for much today, averaging at 0.02 percent over the last decade.
Overall, India’s corporate profit to GDP ratio dropped from 7.8 percent to three percent between 2008 and 2018.
Overall, India’s corporate profit to GDP ratio dropped from 7.8 percent to three percent between 2008 and 2018.
