Tag: development of industries in india

By the middle of the 19th century, export of the cotton and silk goods from India practically ceased. The art of spinning and weaving, which for ages had given employment to thousands of  artisans became extinct.

Wootz Steel is produced by a method known in ancient India. The process involved preparation of porous iron, hammering it while hot to release slag, breaking it up and sealing it with wood chips in a clay container, and heating it until the pieces of iron absorbed carbon from the wood and melted. The steel thus produced had a uniform composition of 1–1.6% carbon and could be heated and forged into bars for later use in fashioning articles, such as the famous medieval Damascus swords.

TISCO is the multinational steel company. It is a part of Tata Group, headquartered in Mumbai. TISCO is located in Jamshedpur, Jharkhand. It is the largest plant of TISCO. Tata Steel is the 10th-largest steel producer in the world.

The Tata Iron and Steel Company Limited was formed in 1907 at Mumbai. It was formed with the aid of American experts.  American specialists were brought in and began surveying in 1903. It primarily serves customers in the automotive, construction, consumer goods, engineering, packaging, lifting and excavating, energy and power, aerospace, etc.

In the beginning, English followed Peaceful Trade as their policy. But, they took advantage of the deteriorated political situation of India to establish their political supremacy.The Merchants of England who aspired to have trade with the East Countries, founded The East India Company in 1600 CE. They established trade links with India with the permission of Queen Elizabeth.

After the Portuguese, Dutch from the Netherlands arrived in India . In 1602 CE Dutch East India Company was established. Agra, Machalipatnam, Surat, Karaikal, Nagapatnam, Cochin and such other places were Dutch trading centres in India.