(i) Industrial Revolution in England led to the beginning of long decline of textile exports from India. In 1811-12 cotton goods accounted for 33% of India’s exports; by 1850-51 it was no more than 3 per cent. (ii) As industries developed in England, industrial groups forced the government to impose import duties on textile goods, so that British goods could sell in Britain without competition. They forced the Company to sell their goods eg in eg India, so as a result, by 1850 import of goods to India increased to 50% as compared to 31% earlier. (iii) Indian markets were glutted with machine-made Manchester goods which were cheaper and Indian weavers could not compete with them. Indian markets suffered from paucity of raw material, for which they had to pay a higher price, as Indian raw materials were bought by the British at a cheaper price.