Explain the reason for slow down in the growth of textile industry in ...
THE DECLINE OF THE TEXTILE MARKET IN INDIA
1] cotton industries developed in England and they did not want textiles to be imported from other countries like India.
2] import duties were imposed on indian textiles that entered England.this made imported goods costlier and soon imports declined.the textiles made in india did not have a market now.
3] indian textiles declined from 33% to 3% in 1800s
4] the manchesters textile company in England flourished due to import duties.
5] soon textiles manifactures in england were sold in india throught he east india company
THE PROBLEMS FACED BY THE TEXTILE MANIFACTURERS IN INDIA DURING LATE 1800s
1] export declines and import of textiles increased.i.e the indian textile manifacturers could neither sell goods out of india nor could they sell their goods inside india
2] import of english textiles in india increased from 33% to 50%
3] as imported machine --- made textiles was cheaper,the indian weavers could not compete with it.
4] raw cotton from india was exported to feed the cotton mills of england and the indian textile industry was without much raw material.
5] soon mechanised textile mills were also set up in india and the handweavers were virtually without any work.