Explain in brief the main features of the growth of indian industry in the 20th century
Answers
Explanation:
The increased demands of variety of products led to the setting up of new factories and old ones increased their production. Many new workers were employed and everyone was made to work longer hours.
Answer:
Particular characteristics of growth industries include companies across an industry exhibiting consistent and quickly growing sales figures and an influx of investments. This can often be accompanied by a lot of press hype. Growth industries tend to be composed of relatively volatile and risky stocks
Explanation:
Indian Industry had a global presence before the advent of Britishers in India. Before the advent of British in India, India accounted for a quarter of World’s Industrial output.
The exports from India consisted of manufacturers goods like cotton, silk, artistic ware, silk and woollen cloth.
The impact of British Policies and the Industrial Revolution led to the decay of Indian handicraft industry. Post-Industrial revolution in Britain, machine-made goods starting flooding into the Indian markets.
The decline of traditional handicraft was not followed by the rise of modern Industrialisation in India due to the British policy of encouraging the imports of British made goods and exports of raw materials from India.