The Age of Industrialisation
The Age of Industrialisation
The Age of Industrialisation
INDUSTRIALISATION
FULLER
SPINNING
nil.
4. The traders in England forced the government to import more import dutes to stop
the entry of Indian exports into Britain.
5. They also pressurized the company to sell Manchester goods. These circumstances
resulted in three folded manner
i. Collapse of Indian exports for the weavers
ii. Entry of cheap machine made goods into markets reduced the demand of Indian
weaves
iii. The American Civil war increased the demand for India Raw cotton. This raised the
prices of raw cotton. Hence, the weavers suffered from the dearth of raw material
6. Meanwhile the Indian factories also entered the scene with which the Indian weavers
lost their importance.
1. The early Indian entrepreneurs were the people who traded with China in the opium
trade of Britain and China.
2. The Indian entrepreneurs were only learners and this participation in the opium trade
made the Indians to set up large industrial units. The first was Dwarakanath Tagore who
set up 6 Joint Stock companies.
3. Later the 1830s crisis effected him. In Bombay, Parsis like Dinshaw Petit, Jamsetjee
Nusserwanjee Tata, accumulated wealth through China trade and raw cotton exports to
Britain.
4. Seth Hukumchand, a Marwari businessman who set up the first Indian jute mill in
Calcutta in 1917, also traded with China. His father and grand father G D Birla were also
involved in the same trade
5. The Indian traders area has been confined with the limitations of company.
6. The first World War increased the production of Indian industries. Most of the industries
were managed by the three giant English companies, Bird Heiglers & Co., Andrew Yule, and
Jardine Skinner& Co.
The expansion of factories demanded workers. In 1901, there were 584,000 workers in
Indian factories. By 1946 the number was over 2,436, 000.
The workers came from the nearby villages. Most of the peasants and agricultural workers
moved to cities in the hope of obs.
The entry into job was not that easy. The number of job seekers were very high when
compared to the jobs available.
The unemployed from the villages travelled long distances but retained relation with their
village.
The factories employed a jobber for the recruitment. He recruited people from his village,
took care of the workers and helped them I crisis period. So, he attained some authority
and power and demanded gifts and money from the job seekers.
The European traders were interested in developing only certain goods which fetch them
money. They started Indigo, Tea, Coffee and Jute plantations. They acquired land at
cheaper rates from the company. They also invested in mining.
The Indian industrialists produced coarse yarn which is not of good quality. The British
industrialists were not interested in yarn, so, they produced and supplied to China or
Indian weavers.
The Swadeshi movement, the movement taken up by Indian industrialists to change the
tariffs to facilitate exports and imports and the decline of demand in China for Indian yarn
made Indian producers to produce cotton cloth in the place of yarn.
The Manchester could not produce cloth as they concentrated on the war material the
cotton cloth imports have declined. The Indian industries were called to produce war
materials to meet the war needs. So there was an industrial boom during the First World
War period.
The local industries strengthened. Britain could not capture its market again due to
competition from U S, Japan and Local industrialists.
The Large scale industries were very few as located
in Bengal and Bombay. Many were small scale
industries and house hold industries.
The handloom industry had development during the
20th century.
The hand woven designs were of more demand in
the rich families.
The cloth made of coarse yarn was bought by the
poor,
The process of industrialization included these hand
looms and handicrafts people.
This increase in demand is due to use of technology.
Flying shuttle fitted for the loom increased the
efficiency of the worker and produced more which
helped to mange survival.
Advertisements were used to force the buyers to
Purchase the new products.
The foreign producers used Indian Gods and
Goddesses images to force native people to buy
They also used royal symbols to have a moral effect
The Swadeshi movement also made an impact on the
minds of the people through the sentence buy
Indian goods Be Indian