Economic Growth Between 1860 And 1860

War in America, which made India the largest producer of cotton textiles and caused a rapid boom, as well as the opium trade that flourished after the Opium war in the 1840s had ended. 1860 and the subsequent years were seen as an important era for the making of this city, as the economic growth had several implications on the social and political life as well. Thus, this period saw the coming up of several shops owned by business families who had migrated from different regions of India, setting up of cotton mills, the Native Stock Exchange centre for joint stock/ ventures etc. The economic growth was also linked to the rise of political thoughts and ideas amongst the upper classes of the native population which later included the middle class