Though India - now basically the agricultural country, its people were from time immemorial experts

Though India - now basically the agricultural country, its people were from time immemorial experts on manufacture. Internal textile manufacturing and internal metal manufacturing of India were the whole eternity among the most beautiful and are inventive in the world. These internal manufacturing are mainly pursued in small villages from which is more than a half-million in India. But under influences of the modern civilisation entered by the British rule, the domestic industries of the country concede now to factory industries. They already became well established, and quickly increase in number and importance. Stability of India as the nation so is well assured now, that the capital can be available there so cheaply as in England or the United States. Besides, the joint or joint-stock enterprises are extended. The Indian people, with their natural ability to intertwine, do best of textile employees, and India has chances soon to become the huge competitor of the Western nations in textile . In twenty years cotton spindles have increased the sixfold. In ten years cotton production has increased the double. Bombay became one of the greatest cotton centres in the world, some kind of Liverpool and incorporated Manchester. It has actually closed doors of India to the English made claps of cheaper grades. The made clap of Bombay even send to England in large quantities, but the basic export to China. Full export Indian manufac [136] tured a clap
$23,000,000. Other important modern manufacturing - jute manufacturing. Jute factories of Bengal compete now to that of Scotland, and full export makes 17 500 000$. Similar development is expected in iron as already iron fusion has begun. But, despite these events, India still remains the huge market for the goods of an industrial function of England, especially in claps and hardware and cars. Value of annual cotton import makes of England 100 000 000$, equal to total of export of England of the goods of each kind to the United States. Value of annual import of hardware and cars makes of England 35 000 000$.
EXTERNAL AND DOMESTIC TRADE OF INDIA