write a short note on the development of cotton textile industries in the mid of the 19th century
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Explanation:
ANSWER
The cotton textile industry is one of the well organised, oldest and largest industry in India. This is in the terms of value of its output and employment size. It plays a very important role in Indian economy. It is closely linked to agriculture and rural economy and contributes over 14% of industrial production in the country. India is world's third largest producer of textile after China and USA. The cotton textile industry is an organised sector. The cotton mills has two mills- Spinning Mills of Yarn and Composite mills of Yarn and Cloth both.
Answer:
In the beginning of 19th century ,English made cotton textiles were prefers to Indian good. indian textiles lost their markets Africa,America and Europe. English and European companies stopped buying Indian goods. during the 1830s British cotton cloth flooded Indian markets.
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