Give an account of the foreign traders who came to India before the monopoly of the British East India Company
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the dutch
Explanation:
Arrival of the British and the establishment of British East India Company was the outcome of the Portuguese traders who earn enormous profit by selling their merchandise in India. Being motivated by the successful business stories of the Portuguese a group of English merchants -‘Merchant Adventurers’ formed a company- the East India Company in 1599 AD. The Company received a royal charter from Queen Elizabeth I on December 31, 1600 AD authorizing it to trade in the East. Queen was herself a share holder in the East India Company.!
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