The Industrial Revolution is a period in history from approximately 1770 through 1850 which was characterized by a change in the manufacturing process through the use of machinery and other innovations. This time period brought about a distinct working class which worked in the factories of the wealthier class, often producing goods for relatively low pay in less than suitable conditions. The central hub of the Industrial Revolution was Great Britain. However, the Industrial Revolution had a significant effect on many other countries around the globe.
Great Britain's East India Company collected revenue and raw material from the prosperous area of East India and sent the money and materials to Britain. In addition, after goods were manufactured in Britain, these goods were brought to India to be sold. Thus, India served to expand Britain's market for the sale of Britain's manufactured goods.
India, however, did not benefit from the Industrial Revolution in the way that Great Britain did. In fact, the economy of the country of India, which was once thriving, was devastated by the Industrial Revolution. Before the Industrial Revolution, India was the world leader in textile manufacturing and exporting. Throughout the Industrial Revolution, Great Britain exploited India until India's economy all but collapsed.