Indrajit Ray
The Decline of British Industrial Hegemony: Bengal Industries 1914–46
The Decline of British Industrial Hegemony: Bengal Industries 1914–46
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This book explores the turbulent history of colonial Indian industry in the period immediately prior to independence, focusing on five major industries in Bengal. It looks at the impact of war efforts on production, employment, and capital, and how the colonial government promoted Indian industries to decline British industrial hegemony. It also argues that the Depression led to the 'Indianisation of corporate houses' and aided the de-colonisation process.
Format: Paperback / softback
Length: 326 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd
Through two World Wars and the Great Depression, this comprehensive book delves into the turbulent history of colonial Indian industry in the period leading up to independence. Focusing on five major industries in Bengal—coal mining, iron-smelting, jute manufacturing, paper making, and tea plantation—the book explores the profound impact of war efforts on production, employment, and capital. Some industries witnessed rapid growth due to increased investment, while others faced challenges due to market dislocation. Moreover, by drawing lessons from the war economy, particularly the scarcity of essential commodities like war materials, the colonial government implemented various measures in the interwar period to promote India's domestic industries for the first time. Additionally, the book argues that many of the expatriate firms in India became financially weak due to the Depression, paving the way for the 'Indianisation' of corporate houses. These factors played a significant role in the decline of British industrial hegemony in India and contributed to the eventual de-colonisation process.
This book holds immense interest for scholars of Indian economic history, as well as those with broader interests in decolonisation, industrial history, and the first half of the twentieth century. Its detailed analysis and insightful perspectives shed light on the complex dynamics that shaped India's industrial development during this critical period.
Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032212036
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