They were the pre-eminent power in India. They had numerous enemies. Why did they not have a Meiji Restoration like period. I mean Japan was a far more isolationist country in the middle ages than India. India had contact trade with almost all Western powers since times immemorial. There must have been a greater diffusion of ideas due to this in comparison to Japan. Japan was deeply feudal and faction. I dont see why the Peshwas did not modernize or industrialize or adopt the printing press etc. in a much larger fashion despite such contacts. Why did they not take European weaponry when they had to fight there wars. Would this not have given them a decisive edge?