Why did India industrialise only gradually in the time of Britishers?a...
Britishers seized and handicapped Indian cottage industries
India's gradual industrialization during the time of the British can be attributed to several factors. However, one of the most significant reasons was the seizure and handicapping of Indian cottage industries by the British.
Under British rule, India's traditional cottage industries faced numerous challenges that hindered their growth and development. The British had a vested interest in promoting their own industries and ensuring a constant supply of raw materials from India. As a result, they implemented policies that systematically undermined Indian cottage industries.
1. Destruction of Indian Textile Industry:
The British East India Company flooded the Indian market with cheap machine-made textiles, which severely impacted the Indian textile industry. Traditional handloom weavers and spinners were unable to compete with the low-priced British products, leading to the decline of this vital sector.
2. Imposition of High Tariffs:
The British imposed high tariffs on Indian goods, making them expensive and less competitive in international markets. On the other hand, British goods were imported into India at low or no tariffs, giving them a significant advantage. This policy further weakened Indian industries, including textiles, handicrafts, and metalwork.
3. Drain of Wealth:
The British also imposed heavy taxes and levies on Indian industries, which drained the country of its wealth. The revenue generated from these taxes was often sent back to Britain, contributing to India's economic stagnation and hindering industrial growth.
4. Suppression of Technological Advancements:
The British discouraged the adoption of modern technologies and machinery in Indian industries, fearing that it would lead to competition with British manufacturers. They imposed strict regulations and import duties on machinery, making it difficult for Indian industries to modernize and become more efficient.
5. Lack of Capital and Infrastructure:
The British did not provide adequate support for the development of industries in India. They focused on extracting raw materials rather than investing in infrastructure or capital for industrialization. This lack of investment made it difficult for Indian entrepreneurs to establish new industries and expand existing ones.
Overall, the British policies of exploitation, suppression, and favoritism towards their own industries severely hampered the growth of Indian industries. The seizure and handicapping of Indian cottage industries played a significant role in India's gradual industrialization during the time of the British.
Why did India industrialise only gradually in the time of Britishers?a...
India was called ‘the industrial workshop of the world’ during the 17th and 18th centuries. Demand for Indian cotton goods in England during this time was unprecedented. Indian cotton cloth was considered by Englishmen as the badge of ‘style and fashion’ of the time. The economic policies followed by the British led to the rapid transformation of India's economy into a colonial economy whose nature and structure were determined by the needs of the British economy. They always remained foreigners in the land, exploiting Indian resources and carrying away India's wealth as tribute.
The first manufacturing industry was set up in India during the British rule. In 1854, the first cotton-textile mill was established in Bombay, immediately after the first railway line was constructed between Bombay and Thane.
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