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Question

Give two reasons for the following:
The wool industry is not as well developed as compared to the cotton industry in India.

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Solution

Woollen textile industry is not as well developed as the cotton textile industry because:
(1) India is a tropical country. So the demand for wool is not as much as it is for cotton.
(2) Woollen goods are not as profitable as cotton, so more investment is in the cotton industry.

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