What was the reason for the decline of Indian textile industry?(any four)
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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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Answered by
2
Answer:
(i) Britain imposed import duties on cotton textiles, thus export market got declined.
(ii) Exports of British goods to India increased.
(iii) The machine-made goods were cheaper and weavers could not compete with them.
(iv) Raw cotton exports from India to Britain shot up the prices of cotton.
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