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The economy of India was transformed by the British through new technology. The British brought new road network, the world's third largest railroad system, telephone and telegraph lines, irrigation canals, and other things that modernized India.Health and cleanliness also improved with the British coming.he British brought new road network, the world's third largest railroad system, telephone and telegraph lines, irrigation canals, and other things that modernized India.
1 During British rule (1857 to 1947) Indian economy grew at zero percent. 2  That India did not grow for 90 years (when Industrial revolution was rewarding Europe and the US) is a tragic outcome of colonial rule's lack of interest and incompetence. Britain, during its colonial rule, did not invest into India. 2  Throughout British rule there was cash transfer from India to Britain. 3  To create a steel company or a shipping company Jamshed Tata and VOC Pillai had to fight.