Name: The Growth of the Steel Industry in Modern India
Uploaded: 2019-07-19
Duration: 6 min 17 s
Description: In this video let’s watch how the TISCO transformed the steel industry in British India and became a great powerhouse of modern India.

Question

How did the development of cotton industries in Britain affect textile producers in India?

Accepted Answer

The development of cotton industries in Britain affect the textile producers in India:

Cotton industries in Britain developed and adversely affected textile producers in India. The Indian textiles faced stiff competition from British textiles in the European and American markets.

Export of textiles to England became difficult because the British government imposed heavy taxes on Indian textiles.

European companies no longer bought Indian textiles and the representatives of these companies stopped paying advances to weavers. Weavers like those of Bengal became unemployed and were driven to poverty.

By late the nineteenth century British cotton cloth flooded the market and ruined the Indian textiles industry as it was cheaper, machine-made, and produced in large quantities.

How did the development of cotton industries in Britain affect textile producers in India?

Important Questions on Weavers, Iron Smelters and Factory Owners

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