Question

What were the impact on Indian textiles trade due to industrialization?

Answer 1

Answer:

#Red official

Industrial Revolution in Britain had a significant impact on Indian economy. Exports of textiles from India came down as Europeans took over trade by getting concession and trade monopoly from Indian rulers. Colonial power expanded and led to the growth of cities like Bombay and Calcutta.

Industrialization radically altered the nature of the textile trade worldwide. In the late 19th century, booming British factories were cheaply manufacturing large quantities of yarn and cloth, both to satisfy Britain’s own needs as well as for export. India, with its vast population then under the control of the British imperial government, was a tantalizing market for industrial manufacturers.

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Answer 2

Explanation:

Industrial Revolution in Britain had a significant impact on Indian economy. Exports of textiles from India came down as Europeans took over trade by getting concession and trade monopoly from Indian rulers. Colonial power expanded and led to the growth of cities like Bombay and Calcutta.

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