India was one of the wealthiest countries in the world before the British rule. The Indian economy was flourishing and the country was home to some of the world’s most advanced cities and civilisations. Between the 1st and 17th centuries AD, India is estimated to have had the largest economy of the ancient and medieval world, controlling between one third and one fourth of the world’s wealth.

The ancient Indian economy was based on agriculture, and the country was home to some of the world’s most advanced irrigation systems. The country was also known for its thriving trade and commerce. Indian merchants traded with countries such as Egypt, Rome, Greece, and China. Indian goods such as cotton, spices, silk, and precious stones were highly sought after in the international market.

The Gupta period (320-550 AD) was a golden age for India, with the country experiencing unprecedented prosperity. During this period, India was home to some of the world’s most advanced cities and civilisations. The Gupta period was marked by advances in science, technology, and mathematics. Indian scholars made significant contributions to the fields of astronomy, mathematics, and medicine.

The Mughal period (1526–1858 AD) was another period of great prosperity for India. During this period, India experienced unprecedeneted prosperity in history. The Mughal Empire was one of the world’s most powerful empires and its rulers were among the wealthiest in the world. The Mughal rulers were great patrons of the arts and architecture, and they built some of the world’s most beautiful monuments.

The Indian economy was further strengthened by the arrival of the British. The British introduced modern banking and financial systems, which helped to further develop the Indian economy. The British also introduced modern technology and infrastructure, which helped to improve the country’s transportation and communication systems.

India was one of the wealthiest countries in the world before the British rule. The country was home to some of the world’s most advanced cities and civilisations, and its economy was based on agriculture and trade. The Gupta and Mughal periods were periods of great prosperity for India, and the country experienced unprecedented growth and development during this time. The arrival of the British further strengthened the Indian economy, and the country is now one of the world’s leading economies.