How Industrialisation in England affected the local industry of cotton textile and handloom industry in India?
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Strategies were devised by Britain to enhance the consumption of finished goods from it. ... Thus, the import of finished goods from England also increased with the simultaneous export of raw materials from India. In England the ruin of the old hand loom weavers was accompanied by the growth of the machine industry.
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The Industrial Revolution in England created a serious impact on Indian economy as it reversed the character and composition of India's foreign trade. This led to destruction of Indian handicrafts although there was no substantial growth of modern factory industry.
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