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India is not an industrial country in the true and modern sense of the term. But by the standards of the 17th and 18th centuries, i.e., before the advent of the Europeans in India, India was the ‘industrial workshop’ of the world. But this internal balance of the village economy had been systematically slaughtered by the British Government. In the process, traditional handicraft industries slipped away
The process of de-industrialisation of India began with the gradual disappearance of cotton manufactures from the list of India’s exports and the remarkable growth of cotton manufactures in the list of her imports mainly from Britain.
Reasons for Low Industrial Development in India:
It was the result of :
Colonialism seemed to be the strongest stumbling block for India’s drive for industrialisation. Above all, the contribution of the British Government towards India’s industrialisation was minimal before 1916. The industrial policy of the imperial power could be described as ‘a case of too little and too late’.
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