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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.
Global Trade and Empire. The early relationship between Britain and India was based on trade. As the East India Company expanded, its political control increased. The Company introduced to the UK raw materials such as tea, jute and rubber, essential to Britainâs development as an economic powerhouse.The importance of cross-empire trade grew during the time of the British Raj in India, and was vital to Britainâs rapid industrialisation.The coming of steam-powered liners, and the 1869 opening of the Suez Canal, connecting the Mediterranean and Red Sea, reduced the journey times between both countries.he importance of cross-empire trade grew during the time of the British Raj in India, and was vital to Britainâs rapid industrialisation. The coming of steam-powered liners, and the 1869 opening of the Suez Canal, connecting the Mediterranean and Red Sea, reduced the journey times between both countries.