Explain the factors for India’s industrial advancement.

Answer:

-Historical contact with the industrialized Europe beginning from the 15th century. Portuguese, Dutch, French and British trades set up industries in India.
-The British colonial government encouraged industrial development by construction of railways and roads linking the main agricultural and trading centres.
-Presence of many mineral resources such as coal, iron ore and manganese for the development of heavy industries.
-Energy resources have been developed from coal and hydro-electricity support from Britain, UUSR and USA who provide loan and technical advice to Indian industrialist.
-High degree of entrepreneurship and risk undertaking by Indian nationals.
-Ready market at home and abroad to facilitate the development of industry.
-The Indian government has embarked on vigorous ambitious industrial programs.

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