Question

during British rule why was it easier for European companies rather than indian companies to set up industry? give a reason

Answer 1

Since India was under the British rule for almost 200 years (1757-1947), the .... Tata Iron and Steel Company were set up in 1907 and it started function of  

Answer 2

Explanation:

The Indian industry had to suffer a lot at the assist of the British rule. This made it hard to set up industries. The Europeans, on other hand, were completely opposite to India in this regard.

This was because of the following reasons:  

1. A big number of factories, banks and ships were under the order of the Europeans.

2. The Europeans had easier access to all the types of officers and authorities of the British government.  

3. Most of the foreign trade was under their control. This eliminated the issue of scarcity of funds.

To read more:

https://brainly.in/question/1861382