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Kerala PSC Indian History Book Study Materials Page 1716
Book's First Pagetechnology, a new system of economic Phases of Industrialisation There were three distinct phases in the development of large-scale industry in colonial India. These phases overlap to some extent, but are distinct enough to be roughly identified as: (1) 1850–1914; (2) 1914–39; and (3) 1939–47. First Phase The first phase was dominated by the Europeans managing agencies. It saw the development of light manufacturings, and planting and mining industries, which relied heavily on markets abroad. The tea and jute industries of eastern India were almost pure export-led industries, and the greater part of the cotton textile industry of Bombay also catered to markets in the Far East. There was no serious competition as yet with the industries of Britain, in the domestic market of India. The coal industry, while depending on the domestic market, was principally consumed by the railways running to the colonial ports. Steel, which did promise a revolutionary breakthrough based on the domestic market, was produced in too small a quantity to make any perceptible difference to the total value of industrial production. The industries of the period developed in areas of natural advantage, based on rudimentary technology, easily imported from Britain. Second Phase Coming to the second time span, certain new features strike us. This second phase of industry, distinguished from the earlier one by its orientation to the domestic market and from the succeeding one by its simpler technology, saw the development of deadly competition with the industries of the advanced West, for the possession of the mass market for consumers’ goods within the country. There sprang up, by the side of the older cotton textiles industry, a new range of light manufactures, all protected by war, tariff and depression. The production of cotton textiles, sugar, paper, etc., surged ahead within the sheltered domestic market, helped by the relatively simple technology. By the end of the period, Manchester cotton textiles, Java sugar and foreign paper of all sorts except newsprint, were more or less eliminated by burgeoning manufacturing units owned by Indian businessmen and industrialists. One critical development that went beyond these changes was the Greater Extensions Programme of Tata Iron and Steel Company (1916-24), the completion of which for the first time, made the steel industry a considerable one. Third Phase Without this development, the third phase, marked by the