Answer:
Industrialisation in the Colonies
The Age of Indian Textiles
In India, silk and cotton goods dominated the international market in textiles, before the age of machine industries. A variety of Indian merchants and bankers were involved in this network of export trade – financing production, carrying goods and supplying exporters. By the 1750s this network, controlled by Indian merchants, was breaking down. The European companies came into power – first securing a variety of concessions from local courts, then the monopoly rights to trade. The shift from the old ports to the new ones was an indicator of the growth of colonial power. European companies controlled trade through the new ports and were carried in European ships. Many old trading houses collapsed, and those who wanted to survive had to operate within a network shaped by European trading companies.
What Happened to Weavers?
After the 1760s, the consolidation of the East India Company did not initially lead to a decline in textile exports from India. Before establishing political power in Bengal and Carnatic in the 1760s and 1770s, the East India Company had found it difficult to ensure a regular supply of goods for export. After the East India Company established political power, it developed a system of management and control that would eliminate competition, control costs, and ensure regular supplies of cotton and silk goods. It was established by following a series of steps.
By eliminating existing traders and brokers connected with the cloth trade, and establishing more direct control over the weaver.
By preventing Company weavers from dealing with other buyers.
The weavers were granted a loan to buy the raw materials once an order was placed. Weavers who took loans needed to hand over the cloth they produced to the gomastha. Weaving required the labour of the entire family, with children and women all engaged in different stages of the process. Earlier, supply merchants had a very close relationship with weavers, but new gomasthas were outsiders with no social link with the village.
hope it helps you Pragati.