the quality of indian textile was unparalleled in the world .yet nineteenth century saw a decline of textile in india give any five reasons
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The quality of indian textile was unparalleled in the world .yet nineteenth century saw a decline of textile in India. In 1811-12, piece goods accounted for 33% of India'a exports; by 1850-51 it was no more than 3%.This was due to the following reasons :
• Exports of British foreign goods increased:
As Cotton industries developed in England, industrialists persuaded the East India company to sell British manufactures in Indian markets as well. Exports of British foreign goods increased dramatically in the nineteenth century.
• At the end of the eighteenth century, there had been virtually no import of cotton piece goods to India.
• Ths export market collapsed and the local market shrank, being glutted with Manchester goods.
• Produced by machines at lower costs, the imported cotton goods were so cheap that weavers could not easily compete with them.
• Weavers couldn't get a sufficient supply of raw cotton of good quality.
• When the American civil war broke out and cotton supplies from the US were cut off, Britain turned to India. As raw Cotton exports from India increased, the price of raw cotton went up. Weavers in India were starved of supplies and forced to buy cotton at extraorbitant prices.
• Exports of British foreign goods increased:
As Cotton industries developed in England, industrialists persuaded the East India company to sell British manufactures in Indian markets as well. Exports of British foreign goods increased dramatically in the nineteenth century.
• At the end of the eighteenth century, there had been virtually no import of cotton piece goods to India.
• Ths export market collapsed and the local market shrank, being glutted with Manchester goods.
• Produced by machines at lower costs, the imported cotton goods were so cheap that weavers could not easily compete with them.
• Weavers couldn't get a sufficient supply of raw cotton of good quality.
• When the American civil war broke out and cotton supplies from the US were cut off, Britain turned to India. As raw Cotton exports from India increased, the price of raw cotton went up. Weavers in India were starved of supplies and forced to buy cotton at extraorbitant prices.
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