Question

how did the company purchase Indian goods?

Answer 1

is this helpful or not say....

Answer 2

The East India company initially purchased Indian goods like Spices, cotton and luxury goods in exchange of gold and silver brought with them from England. Later when they established their control in India, they began to purchase Indian goods from the Indian Revenue.

More importantly monopoly of trade allowed them to buy Indian goods at cheap rates and Indian peasants and merchants lost their bargaining power.