The Indian economy was large and prosperous under the Mughal Empire. During the Mughal era, the gross domestic product (GDP) of India in 1600 was estimated at about 22.4% of the world economy, the second largest in the world, behind only Ming China but larger than Europe. By 1700, the GDP of Mughal India had risen to 24.4% of the world economy, the largest in the world, larger than both Qing China and Western Europe. Mughal India was the world leader in manufacturing, producing about 25% of the world’s industrial output up until the 18th century. India’s GDP growth increased under the Mughal Empire, with India’s GDP having a faster growth rate during the Mughal era than in the 1,500 years prior to the Mughal era. Mughal India’s economy has been described as a form of proto-industrialization, like that of 18th-century Western Europe prior to the Industrial Revolution.
The Mughals were responsible for building an extensive road system, creating a uniform currency, and the unification of the country. The empire had an extensive road network, which was vital to the economic infrastructure, built by a public works department set up by the Mughals which designed, constructed and maintained roads linking towns and cities across the empire, making trade easier to conduct.