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Oduvanchick [21]
1 year ago
12

What problems did the indian textile industry face in the early years of its development.

Business
1 answer:
Serjik [45]1 year ago
6 0

During the development days, India found it difficult to compete with cheap imported textiles from Britain.

As India was a developing country while it has an initial industry that was completely equipped with imports while the final product of textiles in India has a higher cost of production as compared to other countries like Britain.

During that period It has to import raw materials from Britain which was expensive for the final product but after that, they set up the whole production and also supported the industries to groom the state's economy.

Every country imposes a tax on their imports to support their industries by importing higher tax on duties people of that country will not be able to import goods from out and will buy the home industry things that will help to support the industry and economy.

For more questions like Impots and Industrial problems visit the link below:

brainly.com/question/15001467

#SPJ4

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Answer:

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