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Q.

Problems faced by the Indian textile industry during its early years of development were:


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a

Found it challenging to compete with the inexpensive textiles supplied from Britain.

b

The government promoted exports by putting high taxes in place.

c

By eliminating competition they defended emerging businesses.

d

All of the above 

answer is D.

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Detailed Solution

The Indian textile industry encountered the following issues in the early stages of its development: It found it challenging to compete with the inexpensive textiles supplied by Britain; the government promoted exports by putting high taxes in place, and by eliminating competition, they defended emerging businesses. Typically, petitions for such protection from local businesses were denied by the Indian colonial administration. As a result, the price of exports increased a little. They lowered the cost of British imports into India. As a result, Indian indigenous textile markets were overrun by British textile enterprises. It served as the primary impediment to the early growth of the Indian textile industry.
 
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