1 History & Culture · 1.4.5 Land revenue and economic impact

1.4.5.8 Rise of modern industry and the Indian capitalist class

Modern factory industry began in the 1850s with cotton and jute mills, grew with the Swadeshi movement, the world wars and the Tata steel works, and produced an Indian capitalist class that backed the national movement.

  • APPSC Group 1
  • Advanced level
  • 5 min read
  • Full course

Key terms

  • cotton mills
  • jute
  • TISCO
  • Jamsetji Tata
  • Fiscal Commission 1921
  • discriminating protection
  • Ottawa 1932
  • Bombay Plan
  • FICCI

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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