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Question
Which of the following was responsible for hampering Indian industries?
Which of the following was responsible for hampering Indian industries?
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Solution
The correct option is A Construction of the Suez Canal
The Indian domestic industry could not have withstood foreign competition, which was backed by a powerful industrial organization, big machinery, large-scale production. The difficulties in Indian industries was complicated further by the construction of the Suez Canal, because of which transport cost was reduced, which made the British goods cheaper in India.
The Indian domestic industry could not have withstood foreign competition, which was backed by a powerful industrial organization, big machinery, large-scale production. The difficulties in Indian industries was complicated further by the construction of the Suez Canal, because of which transport cost was reduced, which made the British goods cheaper in India.
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