Study Material Page 1 of 2 | Industrialization (Modern History of India (1707 to 1947)) | CUET (Common University Entrance Test) PG History (HUQP09) | Covers Complete Syllabus
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Major Modern Industries
Due to shortage of capital for industries, manufacturing and enterprises, underdeveloped counties are handicapped. When East India Company stepped into India, there was severely scarce of capital and entrepreneurial zeal. During the days of colonial rule, it was very difficult to raise capital on private initiative thus because of such restrained forces of demand and supply, capital remained stagnated. Under such con…
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