what factors led to the decline of indian export market
Answers
Answered by
0
Three reasons for the decline of textile exports from India in the 19th century are
1. Emergence of textile manufacturing industry in Europe, primarily in Britain. Manufactured textile was much cheaper than hand-woven textile that had been traditionally exported from India. Indian textile could not compete with machine made textile in the world market.
2. Decline of Indian textile industry: The Indian textile industry itself declined during the 19th century. India suffered a deindustrialization due to British rule. The British actively promoted import of textile from Britain to India. As a result, the Indian textile industry could not even compete in the domestic market and suffered a drastic decline.
3. Political problems in India: The 19th century, particularly the first half, was a time of political disturbance in India. The British were fighting a lot of wars with native kingdoms. Such an environment of violence and anarchy was not conducive for the growth of textile export from India.
Similar questions