India was one of the richest countries till the time of British rule in the early 17th Century

Historical evidence and economic historians support that India was indeed one of the world's wealthiest economies before British colonization. India's GDP accounted for approximately 25-30% of the global economy in the 17th century, with thriving textile, spice, and metallurgical industries. The British colonial period, particularly after the 1757 Battle of Plassey, led to systematic economic exploitation and deindustrialization.