Where was the first Cotton Mill in India established?


Question:

Where was the first Cotton Mill in India established?

Answer:-

·       The first Cotton Mill was established in 1818 at fort Gloster near Kolkata but was a commercial failure. The second cotton mill in India was  established by KGN Daber in 1854 and was named Bombay spinning and weaving company.

·       It grew as an important port for the export of raw cotton from India to England and China.

·       Cotton is freely exportable from India, with major export destinations being US , Bangladesh, China, Vietnam, Pakistan, Indonesia, Taiwan and Thailand among others.

·       Bangladesh has been the largest importer of Indian cotton since 2015.

·       India is the world's largest cotton producer

·       It is also the second largest exporter (after the USA) and the second largest consumer (after China).

0 Comments