Consider the following statements about the textile industries in India:
1. The textile industry is a major employment generator and it accounts for about 11 percent of India's manufacturing GVA.
2. India is the fourth largest exporter of textiles and apparel and has a share of about 10 percent of the global trade in this segment.
3. India's technical textile industry is rapidly growing, ranking fifth globally.
Which of the above statement/s is/are correct?

Correct option is A

The correct answer is (a) 1 and 3 are correct

Explanation:
• Statement 1 is correct: Textiles account for roughly 11% of manufacturing GVA and 2% of total GDP.
• Statement 2 is incorrect: India is the world’s third or fourth largest exporter, but its global share is around 4-5%, not 10%.
• Statement 3 is correct: India is the 5th largest producer of technical textiles globally.

Information Booster:
• The MITRA Scheme aims to set up Mega Integrated Textile Regions and Apparel parks.
• India is the largest producer of cotton and jute in the world.

Additional Knowledge:
2 and 3 are correct (Option b)
• Incorrect because the global share in statement 2 is exaggerated.
Only 1 is correct (Option c)
• Incomplete as statement 3 regarding technical textiles is also true.
1 and 2 are correct (Option d)
• Incorrect due to the 10% figure in statement 2.

So the correct answer is (a)