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.
Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018
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Motilal Oswal Group. (January 24, 2019). Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018." Chart. January 24, 2019. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/
Motilal Oswal Group. (2019). Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/
Motilal Oswal Group. "Ratio of Profits from The Textiles Sector to The Gdp in India from 2003 to 2018." Statista, Statista Inc., 24 Jan 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/
Motilal Oswal Group, Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/ (last visited September 20, 2024)
Ratio of profits from the textiles sector to the GDP in India from 2003 to 2018 [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1051178/india-textiles-sector-profits-to-gdp-ratio/