The correct option is D Import of cheap machine-made goods from US
There are many reasons for the decline of Indian textiles in India and abroad. Import duties were imposed on Indian textile exports to reduce competition for British cotton industries. The EIC sold cheap machine-made goods in the Indian market. Also, the prices of cotton increased with the increase in cotton exports. This forced Indian weavers and craftspersons to buy cotton at such high prices. The production of machine-made goods by Indian industrialists also impacted the conditions of Indian weavers.