Describe the contributions of Dwarkanath Tagore as an entrepreneur of Bengal.

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asked Feb 6, 2018 in History by Golu (37,045 points) 19 146 419

Describe the contributions of Dwarkanath Tagore as an entrepreneur of Bengal.

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answered Feb 6, 2018 by faiz (82,347 points) 6 6 11
selected Feb 6, 2018 by Golu
 
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(i) Dwarkanath Tagore believed that India would develop through westernization and industrialisation.
(ii) He invested in shipping, shipbuilding, mining, banking, plantations, and insurance.
(iii) Dwarkanath Tagore made his fortune in China trade before he turned to industrial investment, setting up six joint stock companies in the 1830s and 1840s.

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