Question
General Knowledge Question on Business and Economy
Which of the following industries are the major beneficiaries of the Mumbai port?
A
Sugar and Cotton textile industry
B
Iron and steel industry
C
Cotton textile and Petrochemical industry
D
Engineering and Fertilizer industry
Answer
Cotton textile and Petrochemical industry
Explanation
Solution
The correct option is (C): Cotton textile and Petrochemical industry
Explanation: The major beneficiaries of the Mumbai port are Cotton textile and Petrochemical industry. The port plays a crucial role in facilitating the import of raw materials and export of finished goods for these industries.