English, asked by khwahish908, 1 year ago

European companies established their business centre in India why

Answers

Answered by suma7595
1

Answer:

Because India was richest country and when foreigners came to for trade by seeing those wealth they thought to start business and earn profit

Answered by LightL
1

Answer: There were things in India that were extremely rare in European countries. For example - Cardimom, Pepper etc. European companies established their buisness center in India to buy these items at dirt-cheap rates and sell them in Europe at extremely expensive rates and earn big profits. One example of one of these companies is the East India Company that took a royal charter from the queen and received the sole right to trade in the east.

Explanation:

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