why was the process of industrial development in India very slow till independence
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Poor rate of capital formation is considered as one of the major constraint which has been responsible for slow rate of industrial growth in India. ... Thus, India remained a primary producing country during 200 years of British rule which ultimately retarded the industrial development of the country in its early period.
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Poor rate of capital formation is considered as one of the major constraint which has been responsible for slow rate of industrial growth in India. ... Thus, India remained a primary producing country during 200 years of British rule which ultimately retarded the industrial development of the country in its early period.
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