Who were the junior players in the process of industrialization explain their function?
Answers
Jamsetjee jeejeebhoy :
he was the son of Persian Weaver . he was involved in china trade & shipping. He owned a large fleet of ships , but competition from English and American shippers forced him to sell his ships by the 1850s.
Dwarkanath Tagore:
He believed that India would develop through westernization and industrialisation. He invested in shipping, mining , plantation and insurance.
Jamsetjee Nusserwanjee Tata:
He set up the first iron and steel industry works in India at Jamshedpur. Iron and steel industries in India started much later than textiles. In colonial India industrial machinery, railways & locomotives were mostly imported . so capital goods industries couldn't really develop in any significant way till Independence.
Dinshaw Petit :
He built huge industrial empires in India , accumulated their initial wealth party from exports to china. & partly from raw cotton shipments to England.
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