Question

which community dominated West Indian Cotton Industry​

Answer 1

Answer:-

At the same time, the East India Company's rule in India opened up a new market for British goods, while the capital amassed from Bengal after its 1757 conquest was used to invest in British industries such as textile manufacturing and greatly increase British wealth.

Answer 2

Explanation: Indian Cotton Industry​

• The origin of cotton textile industry dates back to 1818 A.D. when the first cotton textile mill was established in Fort Gloster near Kolkata, West Bengal,India.
• However the first modern cotton textile manufacturing was established in Bombay(Mumbai), Maharashtra, India in 1854.
• It was established by a local Parsi entrepreneur.
• Majority of the early mills were in the hands of the Parsi merchants.
• The spread of textile was largely due to the Gujrati trading class in Western India.
• The cotton boom was largely fueled by Parsi entrepreneurs followed by Gujarati and Jain communities.

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