The two Parsis of Bombay who built huge industrial empires in India accumulated their wealth party from exports to China

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An Intiative by Sri Chaitanya

James Hargreaves and Jamsetjee Nusserwanjee Tata

Seth Hukumchand and Dinshaw Petit

Dwarkanath Tagore and G. D. Birla

Dinshaw Petit and Jamsetjee Nusserwanjee Tata

answer is D.

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Detailed Solution

Dinshaw Petit and Jamsetjee Nusserwanjee Tata were the two Parsis of Bombay who built huge industrial empires in India and accumulated their wealth from exports to China. This was a common practice for business groups and industrialists in the nineteenth century. Their initial wealth was accumulated partly from the exports to China and another way was from raw cotton shipments to England. Many industrialists like the father and grandfather of GD Birla as well earned most of their wealth from the export ties with China.

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