describe some pecularities of 18th century industrialisation growth in india .
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The Peculiarities of Industrial Growth
European Managing Agencies, which dominated industrial production in India, were interested only in tea and coffee plantations.
They acquired land from the colonial government; and invested in mining, indigo and jute.
These were products were exported.
Indian businessmen who set up factories did not try to compete with imported goods which were available in the Indian market.
Since yarn was not imported into India, the early cotton mills in India produced coarse cotton yarn rather than cloth.
The yarn produced in Indian spinning mills was used by handloom weavers in India or exported to China
European Managing Agencies, which dominated industrial production in India, were interested only in tea and coffee plantations.
They acquired land from the colonial government; and invested in mining, indigo and jute.
These were products were exported.
Indian businessmen who set up factories did not try to compete with imported goods which were available in the Indian market.
Since yarn was not imported into India, the early cotton mills in India produced coarse cotton yarn rather than cloth.
The yarn produced in Indian spinning mills was used by handloom weavers in India or exported to China
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