Question

during British rule why was it easier for the European companies rather than Indian companies to set up industries ? Give few reasons

Answer 1

India was forced to export raw materials at cheaper rates, which was needed by the british urgently ;plantation products; and food grains which were in short supply in Britain. And also India was made to accept readymade British goods either duty-free or at nominal duty rates, while Indian products were subjected to high import duties in England.

Answer 2

1.The British were From Europe so,they helped them

2. British taxed more on Indian Industrials,and less on European Industrialists.

3.As a result,the products made by Indian Industrialists were costlier than European Industrialists.

4.European Industrialists Exploited more Of Resources and they had the help of East Indian Company. But, Indian Industrialists had no help from East Indian Company