Question

Why indian businessmen avoid competing with manchester good in th indian market?

Answer 1

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When Indian businessmen began setting up industries; they avoided competing with Manchester goods in the Indian market.

Since yarn was not imported by British in India, early cotton mills in India started producing coarse cotton yarn rather than fabric.

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Answer 2

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AS colonial power gained control over Indian trade, the scope of business for Indian merchants become limited. They were are allowed to export only raw materials and food grains like cotton, opium, wheat and Indigo which where required by British. The local market was flooded.

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