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Which industry of india was worlds famous before british rule?
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Which industry of india was worlds famous before british rule?
India's Famous Industry Before British Rule

India has a rich history of trade and commerce, and there were many industries that flourished in the country before the British rule. Among these, the textile industry was the most famous and thriving industry in India.

The Textile Industry

The textile industry in India has a long and rich history, dating back to ancient times. Indian cotton textiles were famous all over the world, and traders from Europe and Asia came to India to buy them. The textile industry was a major contributor to the Indian economy, providing employment to millions of people and generating huge revenues.

Types of Textiles

India produced a variety of textiles, including cotton, silk, wool, and jute. Cotton was the most commonly used fabric for clothing, and India was known for its high-quality cotton textiles. Silk was another popular fabric, and India produced some of the finest silk fabrics in the world. Wool and jute were used for making carpets and other household items.

Handloom Industry

The textile industry in India was largely based on the handloom industry, which was a cottage industry. Weavers worked on handlooms in their homes, and the finished products were sold in local markets or exported to other countries. The handloom industry was a major source of employment for rural people, and it helped to preserve traditional weaving techniques and designs.

Decline of the Textile Industry

The textile industry in India started to decline during the British rule. The British introduced machine-made textiles, which were cheaper and more easily available than handloom textiles. They also imposed high tariffs on Indian textiles, making it difficult for Indian weavers to compete. This led to the decline of the handloom industry and the loss of livelihood for millions of people.

Conclusion

In conclusion, the textile industry was the most famous and thriving industry in India before the British rule. It provided employment to millions of people and generated huge revenues for the country. The handloom industry was a major contributor to the textile industry, and it helped to preserve traditional weaving techniques and designs. However, the British rule led to the decline of the textile industry, and it took several decades for the industry to recover.
Community Answer
Which industry of india was worlds famous before british rule?
Before the rise of the British empire in India, it was known for its handicraft industry. Evidently, this industry enjoyed worldwide demand and was held in a high regard. Indian craftsmanship was applauded in all parts of the world. The textile industry was among the most important urban handicraft industry.
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Direction: Read the report given below and answer the questions that follow:China and India are the two emerging economies of the world. As of 2019, China and India are 2nd and 5th largest country of the world, respectively in nominal basis. On PPP basis, China is at 1st and India is at 3rd place. Both countries together share 19.46% and 27.18% of total global wealth in nominal and PPP terms, respectively. Among Asian countries, China and India together contribute more than half of Asia’s GDP.In 1987, GDP (Nominal) of both countries was almost equal. But in 2019, China’s GDP is 4.78 times greater than India. On PPP basis, GDP of China is 2.38x of India. China crossed $1 trillion mark in 1998 while India crossed 9 year later in 2007 at exchange rate basis.Both countries have been neck-to-neck in GDP per capita terms. As per both methods, India was richer than China in 1990. Now in 2019, China is almost 4.61 times richer than India in nominal method and 2.30 times richer in PPP method. Per capita rank of China and India is 72th and 145th, resp, in nominal. Per capita rank of China and India is 75th and 126th, resp, in PPP.China attains maximum GDP growth rate of 19.30% in year 1970 and minimum -27.27% in 1961. India reached an all time high of 9.63% in 1988 and a record low of -5.24% in 1979. During period 1961 to 2018, China grew by more than 10% in 22 years while India never. GDP growth rate was negative in five and four years for China and India, respectively.According to CIA Factbook sector wise GDP composition of India in 2017 are as follows : Agriculture (15.4%), Industry (23%) and Services (61.5%). Sector wise GDP composition of China in 2017 are : Agriculture (8.3%), Industry (39.5%) and Services (52.2%).- Comparing China and India by Economy – The Statistic Times – 28th August, 2019China is ______________ economy.

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