how did the coming up of bombay and madras as presidency towns lead to decline of surat and masulipatmam
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Answer:
It was felt that the new Company trade centres should combine political, administrative and commercial roles. Masulipatnam lost both its merchants and prosperity and declined in the course of the 18th century as the Company traders moved to Bombay, Calcutta and Madras.
Masulipatnam lost both its merchants and prosperity and declined in the course of the 18th century as the Company traders moved to Bombay, Calcutta and Madras.
Surat, which was an important trade center during the Mughal period, began to decline towards the end of the seventeenth century. This was because of the following factors:
a) Because of the decline of the Mughal Empire, Surat faced a huge loss of markets and productivity.
b)The control of the sea routes went into the hands of Portuguese.
c) Surat could not complete with Bombay where the English East India Company shifted its headquarters in 1668.
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