What was the condition of industrial development in 1947?

Answer 1

In 1947, the condition of industrial development in many countries, particularly in post-World War II Europe and India, was marked by significant challenges and reconstruction efforts. Industries were often damaged or destroyed from the war, leading to shortages of goods and a need for revitalization. In India, the newly independent nation faced the dual challenge of building a self-sufficient economy while addressing widespread poverty and underdevelopment. Overall, industrial development was characterized by a focus on rebuilding infrastructure, increasing production capacity, and implementing economic reforms.