56ᵗʰ to 59ᵗʰ B.P.S.C. (Pre) 2015

India earns maximum foreign exchange by the export of :

aIron
bTea
cTextile✓ Correct
dRubber

Explanation

At the time of the question, option (c) was the correct answer among the given options According to Economic Survey 2025-26. The textile industry is a major employment generator, and its share in India’s manufacturing GVA is about 11%. India is a major producer of jute and ranks second globally in the production of cotton, silk, and man-made fiber. India is the sixth-largest exporter of textiles and apparel, and its share in global trade in this sector is around 4%. In India’s total merchandise exports, the share of textiles and apparel (including handicrafts) was about 8% in FY 2024. After recording a high export of US$ 44.44 billion in FY 2021–22, exports of textiles and apparel (including handicrafts) were US$ 37.75 billion in FY 2025, while they were US$ 35.87 billion in FY 2024.

economic-social-development