Choose given statement is true/false:

The development of cotton industries in Britain affects textile producers in India.

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True

False

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Detailed Solution

The above statement is true.
Indian textile manufacturers have been impacted in some ways by the growth of the British cotton industry. Indian textiles had to compete with British textiles in the European and American markets. The UK's exceptionally high import taxes on Indian textiles made it much more challenging to export textiles there. As a result, Indian fabrics were pushed out of the traditional markets in Africa, America, and Europe at the beginning of the nineteenth century by British cotton fabric makers. Therefore, the growth of the British cotton sector has had a significant effect on Indian textile manufacturers.

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