Describe the impact of the first world war on Indian industries ?? classX
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Till the First World War, industrial growth in India was slow. The war created a dramatically new situation. Manchester imports into India declined due to the war. The British factories became busy with producing things needed for the army. Indian mills now suddenly had a large market to supply. The long war made the Indian factories supply them with jute bags, cloth for army uniforms, tents and leather boots, horse and mule saddles, and a host of other items. Many workers were employed for longer hours.
After the war Manchester goods lost their hold on the Indian markets. British economy collapsed as it could not compete with the USA, Japan, and its European rivals. The Indian industrialists captured the local market. Small scale industries prospered.
After the war Manchester goods lost their hold on the Indian markets. British economy collapsed as it could not compete with the USA, Japan, and its European rivals. The Indian industrialists captured the local market. Small scale industries prospered.
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1. Indian industries saw a rise in industrial production due to the First World War. British industries became busy in producing war related goods.
2. The British stopped exporting items for the colonial market including India. This provided an opportunity for India to release home products in the market.
3. India revived home production and there was an increase in the industrial production. The rising demand for goods led to the setting up of new factories as well.
4. The old industries were revived and many workers got employment.
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