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Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war?
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Why was it not easy for the Manchester to recapture its old position i...
Difficulty for Manchester to Recapture its Old Position in the Indian Market after the First World War
- Impact of the First World War: The First World War had a significant impact on the industrial and economic landscape of Europe, including the textile industry of Manchester. The war disrupted the supply chains and markets, leading to a decline in the demand for Manchester's textiles, especially in India, which was a major market for British textiles.
- Growth of Indian Textile Industry: The Indian textile industry also witnessed significant growth during this period, which led to increased competition for Manchester's textiles. The Swadeshi movement, which aimed to promote Indian goods and boycott British goods, further intensified this competition.
- Political Changes: The political changes in India, particularly the rise of the Indian National Congress and the demand for self-rule, had an impact on the business environment. The Indian National Congress called for the boycott of British goods, which affected the demand for Manchester's textiles in India.
- Development of New Markets: Manchester's textile industry faced competition not only from India but also from other countries, as new markets emerged in East Asia and Latin America. This competition made it difficult for Manchester to recapture its old position in the Indian market.
- Changing Consumer Preferences: The changing consumer preferences and fashion trends also had an impact on the demand for Manchester's textiles. The traditional Indian attire was replaced by western-style clothing, which was not as dependent on British textiles.
- Technological Advances: The technological advances in the textile industry, such as the development of synthetic fibers and new dyeing techniques, made it difficult for Manchester's textiles to compete with the new and innovative products.
- Conclusion: In conclusion, the combined impact of the First World War, the growth of the Indian textile industry, political changes in India, the development of new markets, changing consumer preferences, and technological advances made it difficult for Manchester to recapture its old position in the Indian market after the First World War.
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Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war?
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Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war?.
Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why was it not easy for the Manchester to recapture its old position in the Indian market after the first world war?.
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