How did Dinshaw petit it and JN Tata establish their industrial empire in Bombay
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Answer:
In Bombay, Parsis like Dinshaw Petit and J.N. Tata built huge industrial empires in India, accumulated their initial wealth partly from exports to China and partly from raw cotton shipments to England.
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Dinshaw Petit and J.N Tata established industrial empire through their initial wealth they had accumulated.
Explanation:
- As Bombay was established by both Dinshaw Petit and J.N Tata it was done partly through exports that were taken to China and partly from England shipment of raw materials.
- As Dishaw was a known entrepreneur and a founder of the textile he had enough knowledge as to what is needed by the industrial empire for it to be successful.
- The huge empire that was build helped a lot of people mostly in job creation.
To learn more
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