Why is the term ‘modern age’ as given by British historians not applicable to India?

Indian historians refer to the Modern Period as the Colonial Period.This period began in Europe with the coming of the Industrial Revolution which changed the way goods were produced for ever.
It led to social and political changes. However in India, the situation was different. India did not witness any scientific or industrial changes in this period to the extent that Europe did. India became a supplier of raw materials at cheap rates which helped British industries to progress. It also served as a market for goods manufactured in British factories. Local Indian industries declined and received little attention from the colonial government. The standard of living of the common people declined. India became a colony being exploited by an imperialist power. Therefore Indian historians refer to this period as the 'colonial period'.
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