Abstract
IT is somewhat remarkable, in view of the great interest which is being displayed in Great Britain in Indian political changes, that so little attention has been directed to the developments in industry. Prior to the War, India was regarded mainly as an agricultural country, an exporter of raw materials, vegetable and mineral, whilst with her teeming population she provided a valuable market for manufactured articles. Of large industries there were few—the textile mills in Madras and Bombay, the jute mills in Calcutta and the leather industry in Cawnpore being notable, whilst in Bihar and Orissa the large Tat a Iron and Steel Works were in their infancy. As was natural, the exigencies of the War caused a marked industrial expansion, but, in spite of tariff restrictions, many of the new-born industries, frequently possessing a makeshift equipment, were afterwards unable to withstand the competition of Europe, America and more especially of Japan.
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