History, asked by ayejunbegum, 9 months ago

write a short note on establishment of modern industries in India

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Answered by sachinpoolu

Answer:

The modern industrial development in India started with the establishment of the first cotton textile mill at Mumbai in 1854, predominantly with Indian capital and entrepreneurship. Jute mill was started in the Hooghly Valley near Kolkata in 1855 with foreign capital and entrepreneurship.

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