Series of changes affected the pattern of industrialization in India by the early twentieth century. Analyze the statement.
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Industrialization in India
Explanation:
By the first decade of the 20th Century, a series of changes affected the pattern of industrialization in India
- That's the time when the Swadeshi Movement became popular in India. So, people boycotted foreign goods. Industrialists pressurized the government for concessions and to increase tariff protection.
- The export of Indian yarn to China declined from 1906. So, Indian industrialists shifted to production of cloth clothes instead of yarn.
- Due to First World War export of goods to India declined. Hence Indian industries began to thrive in order to serve the home market.
- Factories thrived in order to produce war supplies like jute bags, army uniforms, leather boots, tents, saddles, etc.
- After the war, though industries in Britain met a setback, Indian industrialists substituted foreign manufacturers and captured home market.
- Handicraft production expanded.
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