explain how East India Company took control of Indian trade
Answers
Explanation:
A number of things contributed to the end of the East India Company. It acquired control of Bengal on the Indian subcontinent in 1757, and, as the company was an agent of British imperialism, its shareholders were able to influence British policy there. ... It lost that role after the Indian Mutiny (1857)
The British presence in India began through trade. Men like Robert Clive, of the British East India Company, combined military prowess with a ruthless ambition, and became fabulously wealthy. With wealth came power, and traders took control of huge swaths of India.Company rule in India effectively began in 1757 and lasted until 1858, when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown's assuming direct control of the Indian subcontinent in the form of the new British Raj.
East India Company took control of Indian Trade after establishing its hold in the Indian subcontinent.
Explanation:
- The Britishers came to India for trading purposes.
- The East India Company also came to be known as the English East India Company.
- The main purpose of this company was to trade with India, East, and Southeast Asia.
- The company settles down in India for trading purposes, which include cotton, silk, and spices from South India.
Learn More:
East India companies established
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