State the difference between Western and Indian pattern of industrialisation?

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Western vs. Indian Pattern of Industrialisation

Introduction: Industrialisation refers to the process of transforming an agricultural economy into a manufacturing-based economy. The Western and Indian patterns of industrialisation differ in terms of their historical background, approach, and outcomes.

Historical Background: The Western pattern of industrialisation began in the 18th century with the Industrial Revolution in Britain, which spread to other parts of Europe and North America. On the other hand, the Indian pattern of industrialisation started after independence in 1947, when India adopted a socialist approach to industrial development.

Approach: The Western pattern of industrialisation is characterised by a free market economy, where private enterprise is encouraged, and the government plays a limited role in industrial development. In contrast, the Indian pattern of industrialisation is based on a mixed economy, where the government has a significant role in promoting and regulating industrial development.

Outcomes: The Western pattern of industrialisation led to rapid economic growth, technological advancement, and urbanisation. However, it also resulted in environmental degradation, social inequality, and labour exploitation. In comparison, the Indian pattern of industrialisation has been slower, but it has focused on inclusive growth, social welfare, and environmental sustainability. However, it has faced challenges such as bureaucratic inefficiency, corruption, and lack of infrastructure.

Conclusion: In conclusion, the Western and Indian patterns of industrialisation differ in their historical background, approach, and outcomes. While the Western pattern has resulted in rapid economic growth, it has also led to social and environmental challenges. The Indian pattern, although slower, has focused on inclusive growth and sustainability, but it has also faced challenges in implementation.

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Stater the difference between Indian and western patternd of industrialisation