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Q.

Indian entrepreneurs set up cotton mills, jute mills, spinning and weaving mills in the


[[1]] century.


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Detailed Solution

Indian entrepreneurs set up cotton mills, jute mills, and spinning and weaving mills in the 19th century. Indian entrepreneurs played an important role in international trade. They had been successful in promoting Indian products in foreign markets and gaining international recognition for Indian products. They made their products popular by trading with other countries. Many Indians contributed to this trade by providing financing, acquiring supplies and shipping consignments. They made their initial fortune partly through exports to China and partly through raw cotton shipments to England.
 
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Indian entrepreneurs set up cotton mills, jute mills, spinning and weaving mills in the [[1]] century.