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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.
Great Depression in India. The Great Depression of 1929 had a very severe impact on India, which was then under the rule of the British Raj. The Government of British India adopted a protective trade policy which, though beneficial to the United Kingdom, caused great damage to the Indian economy.