How did India entrepreneurs accumulate capital …

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How did India entrepreneurs accumulate capital for investment?

Posted by Salony Goria 6 years, 5 months ago

CBSE > Class 10 > Social Science

4 answers

Aadya Singh ? 6 years, 5 months ago

In Bombay , Parsis like Dinshaw petit and Jamsetjee Nusarwanjee tata accumulated initial wealth party from exports to china and partly from raw materials shipments to England.

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Aadya Singh ? 6 years, 5 months ago

Many Indian entrepreneurs earned huge capital from China trade - the trading of opium to china and taking tea from China to England. The company employed many Indians as junior players in this trade. Having earned some wealth businessmen had vision of developing industries in India.

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Salony Goria 6 years, 5 months ago

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Salony Goria 6 years, 5 months ago

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