Social Sciences, asked by skashyap3177, 10 months ago

how did a east india company gain profit in india​

Answers

Answered by srilathadandu834
1

Answer:

The Company started encouraging opium production in its Indian territories, which it then gave to private merchants (heavily taxed, of course) to be sold to China. The tax revenues from this funded much of the Company's profitable tea business. ... Import of raw material / agricultural goods from India into London.

Explanation:

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Answered by SiyaPatil
0

Answer:

hey

Explanation:

The company started encouraging opium production in its indian territories , which it then gave to private merchants to be sold in china. The tax revenues from this funded much of the company's profitable tea business.... Import of raw material/ agricultural goods from India to London.

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