(i) They lent their support to the Congress in protest against the colonial policies that restricted indigenous business enterprises.
(ii) They also gave financial assistance and refused to buy or sell foreign goods. They formed associations like the Indian Industrial and Commercial Congress in 1920 and FICCI in 1927.
(iii) They viewed Swaraj as freedom from the domination of market by foreign goods but withdrew their support when the second Round Table Congress failed.
(iv) They were also concerned about the rise of the socialist ideology in the Congress.
(v) Purshottamdas, Thakurdas and GD Birla attacked the colonial control over Indian economy.
