ABSTRACT
Sugarcane has been known in some parts of the world as a crop which exploited slave labor to grow fortunes for colonial plantation owners—and which, has been taken over by huge industrial plantations cultivated by gangs of hired laborers. India began to industrialize during British rule. India ranks among the top 15 industrial nations in terms of total output and among the top ten in terms of ability to manufacture high-tech products. India overall poses many challenges to dependency theory, at least since independence. The essence of the theory was that big landowners would find it easy to adopt the new inputs, because they had access to easy credit and had enough resources to buffer themselves from the risk of price fluctuations in the marketplace. The chapter also presents an overview of the key concepts discussed in this book.
