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About Indian early entrepreneurs |
| Answer» \tFrom the late 18th century, the British in India began exporting opium to China and took tea from China to England.\tMany Indians became junior players in this trade; providing finance, procuring supplies and shipping consignment.\tHaving earned through this trade, some of these businessmen decided to develop industrial enterprises in India.\tIn Bengal, Dwarkanath Tagore made his fortune in the China trade.\tIn Bombay, Parsis like JDinshaw Petit and Jamsetji Nusserwanjee Tata built huge industrial empires in India.\tSeth Hukumchand, a Marwari businessman who set up the first Indian jute mill in Calcutta, also traded with China.\tThe father as well as grandfather of G.D. Birla was also famous industrialist.\tSome merchants from Madras traded with Burma while others had links with Middle East and East Africa. | |