Question

who were the Europeans who benefited maximum from Indian textile industry

Answer 1

The British were benefited maximum from Indian textile mill

Explanation:

• Since Vasco Da Gama discovered the sea route to India on 20th may 1498 .Many Europeans came to India.The British came to India with a motive to trade with India.At that time India was a leading exporter of its finest clothes around the world.Indian cotton, silk,muslin were very famous around the world.

• The British came as a trader and started trading in Indian textiles. The British bought Indian clothes at a cheaper price and sold in their country at a higher price.
• When the British started ruling in India they started having monopoly in everything mostly Indian Textiles.