CBSE · Class 10 · Social Science · History: The Age of IndustrialisationName some early Indian entrepreneurs of the 19th century and their contributions.
Step-by-Step Solution
Several Indian entrepreneurs played a key role in the country's industrialization. Dwarkanath Tagore in Bengal established six joint-stock companies in the 1830s. In Bombay, Parsis like Dinshaw Petit and Jamsetjee Nusserwanjee Tata built massive industrial empires, earning their initial wealth from trade with China. Seth Hukumchand set up the first Indian jute mill in Calcutta in 1917. These entrepreneurs were instrumental in shifting capital from trade to industrial production, laying the foundation for modern Indian industry despite the constraints imposed by British colonial policies.
💡 Study Guide: This question tests core syllabus concepts from History: The Age of Industrialisation. For formulas, key summaries, and mock exam reference guides, read the full History: The Age of Industrialisation Revision Notes.