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Indian Economy - Understanding the basics of Indian economic system
Where was the first Cotton mill in India established?
Surat
Bombay
Ahmedabad
Coimbatore
In 1854, the first cotton mill was set up in Bombay. and It grew as an important port for the export of raw cotton from India to England and China. This cotton crop became a huge demand and farmers started investing in it. Cotton turned the market upside down. Huge number of labours started working in mills.
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