Proto-industrialisation, the coming of factories and steam power, Indian weavers under the Company, early Indian industrialists and how industry grew.
| Spinning Jenny | James Hargreaves, 1764 |
| Watt’s steam engine patent | 1781 |
| Gomastha; jobber | Company supervisor of weavers; recruiter of mill workers |
| Tata steel, Jamshedpur | 1912 |
| Percentage fall | fall ÷ old value × 100 |
Trade through Surat fell from Rs 16 million in the late 17th century to Rs 3 million by the 1740s. (a) By what percentage did it fall, to two decimal places? (b) Suppose another port’s trade fell from Rs 25 million to Rs 6 million: by what percentage, to one decimal place? (c) Why did Surat decline?
Working: 13 ÷ 16 × 100; (25 − 6) ÷ 25 × 100
Answer: (a) 81.25% (b) 76% (c) European companies took control of trade, and Bombay and Calcutta grew as new ports.