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

[[1]] century.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

answer is NINETEENTH.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Indian entrepreneurs set up the cotton mills, jut mills, spinning and weaving mills in the nineteenth 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. In India, the British began exporting opium to China and bringing tea from China to England. Many Indians contributed to this trade by providing financing, acquiring supplies, and shipping consignments. Dwarkanath Tagore made his fortune in the Chinese trade in Bengal. Thus he founded six joint-stock companies in the 1830s and 1840s. Dinshaw Petit and Jamsetjee Nusserwanjee Tata established massive industrial empires in India in Bombay.

Watch 3-min video & get full concept clarity