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Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018

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Source

Release date

January 2019

Region

India

Survey time period

2003 to 2018

Special properties

data represents corporate sector only

Supplementary notes

Note: The source has used the NIFTY-500 index as a proxy for corporate earnings since it contributes to 93 percent of India's market-cap.

Citation formats

Share of textiles sector profits to GDP 2003-2018

Published by Zeynep Dierks, Sep 17, 2019
As of 2018, the ratio of profits from the textile sector to India's GDP was only around **** 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 **** percent over the last decade.
Overall, India’s corporate profit to GDP ratio dropped from *** percent to percent between 2008 and 2018.
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