Question

1.Who were the early entrepreneurs of India? Where did
the capital came from? Who came to work in the mills?

Answer 1

Answer:

Many Indian entrepreneurs earned huge capital from China trade- the trading of opium to China and taking tea from China to England. The Company employed many Indians as junior players in this trade. Having earned some wealth businessmen had vision of developing industries in India.

Answer 2

In Bengal, Dwarkanath Tagore made his fortune in the China trade. In Bombay, Parsis like JDinshaw Petit and Jamsetji Nusserwanjee Tata built huge industrial empires in India. Seth Hukumchand, a Marwari businessman who set up the first Indian jute mill in Calcutta, also traded with China.

Explanation:

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