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Weavers, Iron Smelters And Factory Owners

Question
CBSEENSS8006951

What problems did the Indian textile industry face in the early years of its development?

Solution
In the early years of its development the Indian textile industry had faced folowing problems:

(i)It found it difficult to compete with the cheap textiles imported from Britain.

(ii)In most countries, governments supported industrialisation by imposing heavy duties on imports. This eliminated competition and protected infant industries. The colonial government in India refused such protection to local industries.


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