give an account of some of the early factories aet up in india
Answers
Answer:
Explanation:
The East India Company (EIC), also known as the Honourable East India Company or the British East India Company and informally as John Company, was an English and later British joint-stock company, which was formed to pursue trade with the "East Indies" (in present-day terms, Maritime Southeast Asia), but ended up trading mainly with Qing China and seizing control of the Indian subcontinent. There's some confusion in deciding which place got the first EIC factory and the 2 possible answers are Masulipatnam on East coast and Surat on the West.
It is beyond any doubt that the EIC arrived at Surat first and they decided to build a factory there in 1608 and as I see, they did not establish the factory itself. While they had a trading Depot. And in 1615, after Thomas Roe successfully obtained an imperial firman from Jahangir to trade and establish factories in all parts of Mughal Empire, a factory at Surat was built in 1615. The British established a factory in Masulipatnam in 1611 while it is said that it is their first factory in South India implying that it is not the first one in India. As one can conclude, Surat is the first place where the EIC decided to establish a factory first though it materialized first in Masulipatnam.
According to History records British EIC set up their first factory in masulipatianam in 1611 due to the presence of portuguese in and around Surat