Question

1. When was the first English East India Company formed and why? 2 Who gained the right to establish a factory for the British at Surat​

Answer 1

Ans1) The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade.

Ans2)Sir Thomas Roe, the representative of the East India Company, was granted the permission by Jahangir to open a factory at Surat.

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Answer 2

Explanation:

The corporation relied on a “factory” system, leaving representatives it called “factors” behind to set up trading posts and allowing them to source and negotiate for goods. Thanks to a treaty in 1613 with the Mughal emperor Jahangir, it established its first factory in Surat in what is now western India.

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