After industrial development in England, what steps did the British government take to prevent competition with the Indian textiles ? -SST 10th

1 Answer

Answer :

'  The British Government prevented competition with Indian textiles by :They imposed import duties on textile goods so that Manchester goods could sell in Britain without  facing any competition from outside.The industrialists persuaded East India Company to sell British goods in Indian markets, and export of British cotton goods increased.At the end of 18th century there was virtually no import of cotton goods from India. The value of cotton goods constituted 31% in 1850 but by 1870s the figure was over 50%.

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