Answer:
(i) From the late 18th century, the British
in India began exporting opium to China and took tea from China to England.
(ii) Many Indians became junior players
in this trade; providing finance, procuring supplies and shipping consignment.
(iii) Having earned through this
trade, some of these businessmen decided to develop industrial enterprises in
India.
(iv) In Bengal, Dwarkanath Tagore made
his fortune in the China trade.
(v)
In Bombay, Parsis like Dinshaw Petit and Jamsetji Nusserwanjee Tata built huge
industrial empires in India.
(vi) Seth Hukumchand, a Marwari businessman
who set up the first Indian jute mill in Calcutta, also traded with China.
(vii) The father as well as
grandfather of G.D. Biria was also a famous industrialist.
(viii) Some merchants from Madras traded
with Burma while others had links with Middle East and East Africa.
You need to login to perform this action.
You will be redirected in
3 sec
