How did industrialization in India affect it becoming a modern country?

Industrialization in India helped India become a modern country. For many years, the British had control over the production of products in India. Great Britain was more interested in policies that benefitted Great Britain as opposed to policies that positively impacted India. As a result, industrial growth in India was limited for many years because India was a British colony.
Once India became independent it went through a series of economic policies. These policies have vacillated between having a mixed economy (1948), with both private and public sectors, to having a socialist pattern of economic development (1956), to having policies with a less restrictive government role in the economic development of the country (1977).
Conditions eventually changed in India, which allowed the mainly agricultural country to grow industrially. In 1991, new government reforms were launched. The private sector was encouraged to invest in heavy industries. Huge steel plants were built in several cities in India. As more industries developed in India, the cost of production of essential products dropped. This allowed many people in India to be able to afford products that they previously could not afford. As the textile industry grew in India, India no longer had to spend large sums of money importing cloth. India was then able to manufacture its own cloth at much lower prices than they were paying to import it. Indian industries are becoming more creative and more innovative as they focused on research and development to assist with the design of products.
There were other positive impacts of industrialization in India. Industrial growth in India provided many jobs for the people of India. Agriculture improved with the use of machinery. India also began to improve its defense system. Indian industries began to produce weapons, reducing the need to rely on other countries to provide foreign aid.
There have been some negative impacts as India's industries have industrialized. Some of the cottage industries, such as silk produced by the village weavers, have been replaced by heavy mechanical industries. There also has been a migration toward the cities, impacting rural life. The depletion of natural resources is a concern, as the new industries began to use these resources. Also, there was concern about the increased pollution that resulted from the rise of the new industries.
There were both positive and negative impacts of this modernization.
http://www.historydiscussion.net/british-india/industrial-development-in-india-during-the-british-rule/5979