explain the factor which were responsible for growth of cotton textile industries in Britain
Answers
Explanation:
The factors responsible for the growth of cotton textile industries in Britain were; Heavy import duties were imposed on cotton textiles from outside Britain so as not to face any competition from outside.
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Answer:
1. Mills and factories increased in Britain due to industrialisation. They feared that the imports from India would affect them adversely. So they lobbied and wielded pressure on the government to stop importing cotton textiles from India and also pressurized the East India Company to urge the Indian farmers to grow cotton and supply cotton to mills in Britain. The East India Company also promoted British mill cloth in Indian markets.
2. The factory made cotton textiles was far cheaper than the textiles made from traditional weavers and artisans in India and so captured the market.
3. The Indian weavers could also not gain access cheap cotton from farmers. When the American Civil War broke out, the supply of cotton from the New World was cut-off and the British mills had to depend almost entirely on the Indian cotton growers. This created a shortage of supply to Indian weavers and the prices of raw cotton was exorbitant and so by 1860s, the Indian cotton textile industry was very hugely affected.