Describe the arrival of British East India Company in India.
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Being motivated by the successful business stories of the Portuguese a group of English merchants -'Merchant Adventurers' formed a company- the East India Company in 1599 AD. The Company received a royal charter from Queen Elizabeth I on December 31, 1600 AD authorizing it to trade in the East.
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When British arrived in India?
What was the reason for the arrival of East India Company in India?
It was started as a monopolistic trading body so that England could participate in the East Indian spice trade. As Spice is the very need of people in different parts of world.
Who started East India Company?
>John Watts
Which type of trade is used to do with this East India Company?
First it was created for trade of spice only.
By the time it was used to trade
- Cotton
- Silk
- Indigo
- Saltpeter
- Tea
- Slave trade
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