Business Standard

We missed Industrial Revolution

Is India headed there again?

Industrial Revolution, India INC
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Illustration: Ajay Mohanty

Ajit Balakrishnan
He was a stout, illiterate man, son of a butcher, struggling to earn enough to feed his 13 children by weaving handloom cotton in his tiny home when he suddenly hit on an idea that could increase his earning and feed his family. The idea was to make a small improvement in his spinning wheel such that it could, for the same effort. So, he put eight different spindles that were powered by a single wheel. This allowed him to produce eight threads in the same amount of time it previously took to produce one. He called this the spinning
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