Social Sciences, asked by sibakshiBhatas, 1 year ago

Explain why the old ports in India decline and new ports came up?

Answers

Answered by Chirpy
11
The port of Surat declined towards the end of the 18th century. The gross value of trade that passed through Surat had been 16 million but by 1740s it was reduced to 3 million rupees. This was mainly because of the growing power of the European Companies in India. These Companies gradually gained power and started controlling the sea trade. They obtained a number of concessions from local courts and gained monopoly rights to trade. The Companies did not want to use the old ports of Surat, Masulipatnam and Hooghly. So they developed the ports of Bombay and Calcutta instead.



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