History, asked by ishanaggar1089, 11 months ago

How did bombay emerged as a textile industry

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Answered by HeAvEnPrlnCesS
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However, the cost had escalated significantly by 1860, when textile imports stood at Rs. 19.3 million. The impetus towards the founding of a cotton industry came from Indian entrepreneurs. The first Indian cotton mill, "The Bombay Spinning Mill", was opened in 1854 in Bombay by Cowasji Nanabhai Davar.

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