The textile industry of India was ruined under the British rule. Give reason
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Answer:
(i) Discriminatory Tariff Policy The British rule used India both as a source of cheap raw materials as well as easy accessible market for their finished products. ... This made India's exports costlier and its international demand loll drastically leading to the collapse of handicraft industries
Answered by
1
Answer:
(i) Britain imposed import duties on cotton textiles, thus export market got declined.
(ii) Exports of British goods to India increased. The Manchester goods flooded Indian markets. (iii) The machine-made goods were cheaper and weavers could not compete with them.
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