Question

How did masulipatnam get its name ?state. the importance of this town.​

Answer 1

Answer

Masulipatnam

Royal monopolies were imposed by the Qutb Shahi rulers of Golconda on the sale of textiles, spices and other items. It was done to prevent the trade from passing completely into the hands of the various East India Companies. There was cut-throat competition among various trading groups – the Golconda nobles, Persian merchants, Telugu Komati Chettis and the European traders.

Decline of Masulipatnam

The Mughal occupation of Masulipatnam forced the European Companies to look for alternatives. A new policy of the East India Company said that it was not enough if a port had connections with the production centres of the hinterlands.

Explanation:

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