Thursday, December 14, 2006

Most Indian business families of today trace their history way back to the First World War period

All these entrepreneurs faced arduous times – class oppression, high import duties and trade tariff s – but the freedom struggle kept them together to even assist their own competitors. The atmosphere was of united collaboration in the face of fierce oppression by the British Raj to stimulate the growth of Indian industry and Indian products. For these zealous entrepreneurs, it was clearly a trial by fire.

Gandhiji was equally disturbed by the poor plight of Indian industries owing to British oppression, and he started the Swadeshi (meaning self sufficiency) movement, where he promoted Indian products like khadi and boycotted British goods. He expressed his belief thus, “I should use only things that are produced by my immediate neighbours and serve those industries by making them efficient and complete where they might be found wanting.”

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Source:- IIPM Editorial

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