Describe major peculiarities of industrial growth in India in the 19th century.
Major peculiarities of industrial growth in India were as given below : European Managing Agencies dominated the industrial production in India. The agencies were interested in certain kind of products only. They established tea and coffee plantations, acquiring land at cheap rates from the colonial government. They invested in mining, indigo and jute. These products were required primarily for export trade and not for sale in India. When Indians set up industries they avoided competition with Manchester goods in the Ihdian market. So, the early cotton mills in India produced coarse cotton yarn rather than fabric. This yarn was used by handloom weavers in India or exported to China.
