Consider the following statements: 1. The first cotton textile mill was set up in 1853 in Bombay by Cowasjee Nanabhoy 2. The first jute mill came up in 1855 in Rishra (Bengal). Which of the statements given above is/are correct? |ForumIAS

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation: It was only in the second half of the nineteenth century that modern machine-based industries started coming up in India.

The first cotton textile mill was set up in 1853 in Bombay by Cowasjee Nanabhoy and the first jute mill came up in 1855 in Rishra (Bengal).
But most of the modern industries were foreign-owned and controlled by British managing agencies.

Source: Spectrum Modern India