write about the development of Indian industries in the independent era
Answers
Answer:
Industrial development is a very important aspect of any economy. ... But just after independence India's industrial sector was in very poor condition. It only contributed about 11.8% to the national GDP. The output and productivity were very low.
Explanation:
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Answer:
Indian Industry had a global presence before the advent of Britishers in India. Before the advent of British in India, India accounted for a quarter of World’s Industrial output.
The exports from India consisted of manufacturers goods like cotton, silk, artistic ware, silk and woollen cloth.
The impact of British Policies and the Industrial Revolution led to the decay of Indian handicraft industry. Post-Industrial revolution in Britain, machine-made goods starting flooding into the Indian markets.
The decline of traditional handicraft was not followed by the rise of modern Industrialisation in India due to the British policy of encouraging the imports of British made goods and exports of raw materials from India.
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