How was Indian Trade important for British?

Why was trade important to the British Empire?

The answer is that trade and empire went hand in hand… The slave trade stimulated British manufacturing production by the derived demand for goods such as plantation utensils, and clothing needed for slaves and estates. Colonies became linked to the metropolis by complex bilateral and multilateral shipping routes.

How did India help the British economy?

British economic policies gave them a monopoly over India’s large market and raw materials such as cotton. India served as both a significant supplier of raw goods to British manufacturers and a large captive market for British manufactured goods.

What resources did Britain want from India?

The colonizers were only interested in exploiting India’s natural resources as they transported items such as coal, iron ore, cotton and other natural resources to ports for the British to ship home to use in their factories.

What did India produce for the British Empire?

First, India supplied the British Empire with profitable natural resources such as spices, tea, and cotton. These items could be acquired in India and sold in England or her other colonies at huge profits. Second, Great Britain used India as a market for manufactured goods.

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What was exported from India to Britain?

Approximately, 20% of the Indian exports to UK are in the form of apparels and clothing accessories. It is followed by machinery (10.8%), natural pearls and precious stones (5.5%), and others. Other top products exported by India to UK’s market include vehicles, footwear, pharmaceuticals, iron and steel articles.

How did Britain impact India?

They forced the commercialisation of agriculture with the growing of various cash crops and the raw materials for the industries in the Britain. With the strong political control, the British were able to monopolise the trade with India. They defeated their foreign rivals in trade so that there could be no competition.

What benefits did India gain during British imperialism?

Improvement of government in the native states. Security of life and property. Services of educated administrators, who have achieved these results. Materially: Loans for railways and irrigation. Development of a few valuable products, such as indigo, tea, coffee, silk, etc.

Why did India want independence from Britain?

India wanted independence due to the economic exploitation of the country by its colonial master, Great Britain.