East India Company begins trade in Bengal
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Explanation:
The first English factory was set up on the banks of the river Hugli in Bengal 1651. It also convinced the Mughal emperor Aurangzeb to issue a farman, an official order, granting the Company the right to trade duty-free. ...
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Explanation:
Initially, the company struggled in the spice trade because of the competition from the already well-established Dutch East India Company. The English company opened a factory in Bantam on Java on its first voyage, and imports of pepper from Java remained an important part of the company's trade for twenty years.
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