‘Many large Multinational Corporations (MNCs) have recently shifted their investments from China and have started their production in India, thereby boosting the Make in India plans of the Government’.
Presuming other factors being constant, discuss the effects of the given statement on Foreign Exchange rates with reference to the Indian Economy.

“Foreign Institutional Investors (FIIs) remained net seller in the Indian capital markets over the last few weeks”. - The Economic Times . State and discuss the likely effects of the given statement on foreign exchange rate with reference to the Indian Economy.

From 1600 to 1757 the East India Company's role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad. Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers, and thus encouraged their production. This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company's factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that India textiles enjoyed in Britain. All of a sudden, dress fashions changed and light cotton textiles began to replace the coarse woolens of the English. Before, the author of the famous novel, Robinson Crusoe, complained that Indian cloth had "crept into our houses, our closets and bed chambers, curtains, cushions, chairs, and at last beds themselves were nothing but calicos or India stuffs". The British manufacturers put pressure on their government to restrict and prohibit the sale of Indian goods in England. By 1720, laws had been passed forbidding the wear or use of printed or dyed cotton cloth. In 1760 a lady had to pay a fine of 200 for possessing an imported handkerchief! Moreover, heavy duties were imposed on the import of plain cloth. Other European countries, except Holland, also either prohibited the import of Indian cloth or imposed heavy import duties. In spite of these laws, however, Indian silk and cotton textiles still held their own in foreign markets, until the middle of the eighteenth century when the English textile industry began to develop on the basis of new and advanced technology The East India Company was encouraging the export of Indian manufacturers because

From 1600 to 1757 the East India Company's role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad. Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers, and thus encouraged their production. This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company's factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that India textiles enjoyed in Britain. All of a sudden, dress fashions changed and light cotton textiles began to replace the coarse woolens of the English. Before, the author of the famous novel, Robinson Crusoe, complained that Indian cloth had "crept into our houses, our closets and bed chambers, curtains, cushions, chairs, and at last beds themselves were nothing but calicos or India stuffs". The British manufacturers put pressure on their government to restrict and prohibit the sale of Indian goods in England. By 1720, laws had been passed forbidding the wear or use of printed or dyed cotton cloth. In 1760 a lady had to pay a fine of 200 for possessing an imported handkerchief! Moreover, heavy duties were imposed on the import of plain cloth. Other European countries, except Holland, also either prohibited the import of Indian cloth or imposed heavy import duties. In spite of these laws, however, Indian silk and cotton textiles still held their own in foreign markets, until the middle of the eighteenth century when the English textile industry began to develop on the basis of new and advanced technology “New and advanced technology" in the paragraph refers to

From 1600 to 1757 the East India Company's role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad. Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers, and thus encouraged their production. This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company's factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that India textiles enjoyed in Britain. All of a sudden, dress fashions changed and light cotton textiles began to replace the coarse woolens of the English. Before, the author of the famous novel, Robinson Crusoe, complained that Indian cloth had "crept into our houses, our closets and bed chambers, curtains, cushions, chairs, and at last beds themselves were nothing but calicos or India stuffs". The British manufacturers put pressure on their government to restrict and prohibit the sale of Indian goods in England. By 1720, laws had been passed forbidding the wear or use of printed or dyed cotton cloth. In 1760 a lady had to pay a fine of 200 for possessing an imported handkerchief! Moreover, heavy duties were imposed on the import of plain cloth. Other European countries, except Holland, also either prohibited the import of Indian cloth or imposed heavy import duties. In spite of these laws, however, Indian silk and cotton textiles still held their own in foreign markets, until the middle of the eighteenth century when the English textile industry began to develop on the basis of new and advanced technology The people of England used Indian cloths because

From 1600 to 1757 the East India Company's role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad. Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers, and thus encouraged their production. This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company's factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that India textiles enjoyed in Britain. All of a sudden, dress fashions changed and light cotton textiles began to replace the coarse woolens of the English. Before, the author of the famous novel, Robinson Crusoe, complained that Indian cloth had "crept into our houses, our closets and bed chambers, curtains, cushions, chairs, and at last beds themselves were nothing but calicos or India stuffs". The British manufacturers put pressure on their government to restrict and prohibit the sale of Indian goods in England. By 1720, laws had been passed forbidding the wear or use of printed or dyed cotton cloth. In 1760 a lady had to pay a fine of 200 for possessing an imported handkerchief! Moreover, heavy duties were imposed on the import of plain cloth. Other European countries, except Holland, also either prohibited the import of Indian cloth or imposed heavy import duties. In spite of these laws, however, Indian silk and cotton textiles still held their own in foreign markets, until the middle of the eighteenth century when the English textile industry began to develop on the basis of new and advanced technology What did the British manufacturer do to compete with the Indian manufacturers ?

From 1600 to 1757 the East India Company's role in India was that of a trading corporation which brought goods or precious metals into India and exchanged them for Indian goods like textiles and spices, which it sold abroad. Its profits came primarily from the sale of Indian goods abroad. Naturally, it tried constantly to open new markets for Indian goods in Britain and other countries. Thereby, it increased the export of Indian manufacturers, and thus encouraged their production. This is the reason why Indian rulers tolerated and even encouraged the establishment of the Company's factories in India. But, from the very beginning, the British manufacturers were jealous of the popularity that India textiles enjoyed in Britain. All of a sudden, dress fashions changed and light cotton textiles began to replace the coarse woolens of the English. Before, the author of the famous novel, Robinson Crusoe, complained that Indian cloth had "crept into our houses, our closets and bed chambers, curtains, cushions, chairs, and at last beds themselves were nothing but calicos or India stuffs". The British manufacturers put pressure on their government to restrict and prohibit the sale of Indian goods in England. By 1720, laws had been passed forbidding the wear or use of printed or dyed cotton cloth. In 1760 a lady had to pay a fine of 200 for possessing an imported handkerchief! Moreover, heavy duties were imposed on the import of plain cloth. Other European countries, except Holland, also either prohibited the import of Indian cloth or imposed heavy import duties. In spite of these laws, however, Indian silk and cotton textiles still held their own in foreign markets, until the middle of the eighteenth century when the English textile industry began to develop on the basis of new and advanced technology Which source is cited by the author to argue that Indian textile was in huge demand in 18th century England ?