Question

Result of first world war on the Indian industry??

Answer 1

The impact of first world war on Indian industries are as follow-

1. British industries were busy in producing and supplying war needs. Hence, they stopped exporting British goods or clothes in colonial markets like India.

2. It was a good opportunity for Indian industries to fill in empty market with their product. Therefore industrial production in India increased.

3. The British colonial government asked Indian factories to supply the war needs like jute bags, cloth or army uniforms, tents and leather boots, horse and mule saddles etc.

Hope u got ur answer

Answer 2

The War created a new economic and political situation :

1. It led to a huge increase in defence expenditure which was financed by war loans and increasing taxes, customs duties were raised, and income tax introduced.
2. Through the war years, prices increased – doubling between 1913 and 1918 – leading to extreme hardships for the common people.
3. Villagers were called upon to supply soldiers, and the forced recruitment in rural areas caused widespread anger.
4. The First World war gave a boost to the Indian industries. Since textile industries in Britain began to supply goods related to the War like uniforms, shoes and racksags, the Indian industries took advantage of the void and bagan to manufacture the cloth.