Choose whether the given statement is true/false:

Iron production in India declined in the 18th century.

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Detailed Solution

The above statement is true.
The 18th century is known for developing technologically advanced machinery in England. This phase is known as the industrial revolution. In England, it was based on textiles and iron. The iron and steel production was paced up during the period. Iron became an essential commodity of export. The Indian markets were also flooded with imported iron. This iron was relatively cheap, so India's indigenous iron smelting industries declined. The communities of iron smelters left their profession and migrated to cities in search of jobs.
Hence, iron production in India declined in the 18th century.

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