The Age of Indian Textiles
Overview
Before industrialization, India was famous for producing fine silk and cotton textiles, which were exported globally. However, the impact of colonialism and industrial competition led to a significant decline in this sector.
Key Points
- Historical Context: Prior to colonial rule, Indian textiles dominated international markets, facilitated by a network of Indian merchants.
- Decline in Power: By the 1750s, European trading companies began to gain power, undermining local merchants and resulting in the decay of major ports like Surat and Hoogly.
- East India Company’s Control: Post-1760s, the East India Company monopolized the trade of textiles, undermining traditional weavers by imposing strict controls and low prices.
- Weavers' Struggles: Weavers faced significant pressure from the Company and were often tied to debt, leading to widespread poverty and decline in textile production.
- Shift in Markets: By the early 19th century, British industrial textiles flooded the Indian market, causing local textile production to plummet.
Significance
This section underscores the transition from a prosperous textile industry to a struggling one under imperial control, illustrating the broader implications of colonization on local economies.