The impact of the First World War on Indian Industries ?
The First World War had a significant impact on Indian industries. India, being a colony of Britain, was forced to contribute to the war effort by supplying raw materials, money, and soldiers. This resulted in various changes in the Indian economy and industries.
Impact on Agriculture
• The demand for food grains, especially wheat, increased during the war, leading to a rise in prices. This helped farmers, but it also led to food shortages and inflation.
• The British government encouraged farmers to grow cash crops, such as jute, cotton, and indigo, which were in high demand during the war. This resulted in a decline in food production and caused food shortages in some regions.
Impact on Textile Industry
• The textile industry was one of the most affected industries during the war. The British government requisitioned a large number of machines and supplies from Indian textile mills for the war effort. This led to a decline in production and loss of jobs.
• The demand for military uniforms and other textiles increased during the war, but the Indian textile mills were unable to meet the demand due to the shortage of raw materials and machines.
Impact on Shipping Industry
• The shipping industry was also affected by the war. The British government requisitioned Indian ships for the war effort, which led to a decline in shipping activities and loss of jobs.
• The shortage of ships also affected the export of Indian goods, which caused a decline in the Indian economy.
Impact on Steel Industry
• The steel industry benefited from the war as the demand for steel increased due to the production of war machinery and weapons.
• However, the Indian steel industry was unable to meet the demand due to the shortage of raw materials and machines.
Conclusion
In conclusion, the First World War had both positive and negative impacts on the Indian economy and industries. While some industries benefited from the war, others suffered losses due to the requisition of machines and raw materials for the war effort. The war also resulted in food shortages, inflation, and unemployment in some parts of India.
The impact of the First World War on Indian Industries ?
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The impact of first world war on indian industries are as follow-
1. British industries were busy in producing and suppling war needs. Hence, they stopped exporting british goods or clothes in colonial markets like india.
2. It was a good opportunity for indian industries to fill in empty market with their product. Therefore industrial production in india increased.
3. The british colonial government asked indian factories to supply the war needs like jute bags, cloth or army uniforms, tents and leather boots, horse and mule saddles etc.
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