prepare the character sketch of Dwarka Dwarka Nath Tagore what was his contribution in Indian industrialisation
Answers
Dwarkanath Tagore was one of India's first industrialists, who played a vital role in the development of industrialism in the country. He was born in the province of Bengal and operated well during the British Raj in India.
He contributed in the Indian industrialism in the following ways:
(i) He believed that western ideas of trade would develop the country.
(ii) He was a main investor in the Indian industrialism; shippings, mining, banking, plantations and insurance.
(iii) he set up joint stock companies.
(iv) He established trade with China.
Explanation:
Quetion :- What was the contribution of dwarka nath Tagore gd birla jamsti Tata in industrialisation of India.
Answer :-
The early Indian industrialists not only shaped the industrial development of India but also were in fore front in liberating India from the British occupation.
During the early modern era, some of the Indians had accumulated large wealth due to the trade with China and European countries. Now they began to invest this wealth in the production of cotton and other industrial products.
We see Dwarkanath Tagore setup six joint companies in Bengal between 1830s to 1840s. Then people like Jamsetji Tata set up cotton mills in Nagpur and Bombay. His son Jehangir Ratanji Dadabhoy Tata founded the Asia's first and largest steel company at Jamshedpur. Another business tycoon, Seth Hukumchand started the first jute mill in 1917 in Calcutta.
G.D Birla also invested in various sectors and later shifted to manufacturing sector. In this way, without any government support, it were these early industrialists who on their own shaped the industrial development of India.
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