When did industrial development begin in India?Write a note on the development of cotton textile mills in British India?
Answers
Explanation:
♥ The first industrial undertaking was established in India only after the first railways had been constructed in 1851. The development in 1854 of the cotton textile industry in India - the first important large scale industry marks the dawn of a new industrial era in India.
♥This is due to the following factors:- Cloth is the basic requirement and hence its market is spread throughout the country. Both raw materials and finished products can be easily transported over long distances since they are light in weight.
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The industrial development took place mainly in the period between 1850-1874
The first Indian cotton cloth mill was established in 1818 at Fort Gloster near Kolkata and this mill was a failure
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