Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

What were the industries that came up in India after the Second World War?

Options:

Capital goods industries

Cotton and Jute

Sugar, cement, and paper industries

Iron and Steel

Correct Answer:

Sugar, cement, and paper industries

Explanation:

During the latter half of the 19th century, the development of modern industry in India was slow but gradually taking shape. Initially, this progress was limited to the establishment of cotton and jute textile mills. The cotton textile mills, largely controlled by Indians, were concentrated in the western parts of the country, specifically Maharashtra and Gujarat. On the other hand, the jute mills, predominantly owned by foreigners, were mainly concentrated in Bengal. In the early 20th century, the iron and steel industries began to emerge. The Tata Iron and Steel Company (TISCO) was established in 1907 and played a significant role in this sector. Following the Second World War, a few other industries started to develop, including sugar, cement, paper, and more.