Question

Explain the reason for the decline of textile industry in India in brief

Answer 1

Answer:

Hey! Here's your answer.

The textile Industry was declined due to the following reasons:

1) Britain imposed import duties on cotton textiles, thus export market got declined.

2) Exports of British goods to India increased. The Manchester goods flooded Indian markets.

3) The machine-made goods were cheaper and weavers could not compete with them.

4) Raw cotton exports from India to Britain shot up the prices of cotton.

5) By 1850, exports from most weaving regions got declined and desolated.

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