How did the First World War prove to be a boon to the Indian industries? Explain.
THE First World War proved to be a boon to Indian economy.
- The war created dramatically a new situation with British mills busy with war production to meet the needs of the army, Manchester imports into India declined.
- Suddenly Indian mills had a vast home market to supply to.
- As the war prolonged Indian factories were called upon to supply war needs, jute bags, cloths for army uniforms, tents and leather boots, horse and mule saddles and a host of other items.
- New factories were set up and old ones ran multiple shifts.
- Many new workers were employed and everyone was made to work longer hours. Over the war years industrial production boomed, local industrialists consolidated their position, substituting foreign manufacturers and capturing home market.