History, asked by ushukla8020, 11 months ago

How was trade with India profitable for the English East India Company

Answers

Answered by sararasayanpbdkgu
27

Trade with India was profitable for the EIC(East India Company" as India was special for them because they got lots of fresh spicefrom our country and also the got many fresh articles from here . That is what made our country special for them.

Answered by DodieZollner
8

The trade with India profited for the East India Company for several reasons.  

Explanation:

  • The East India Company also came to be known as the English East India Company.
  • The main purpose of this company was to trade with India, East, and Southeast Asia.
  • The company formed to profit from the spice trade in Europe.
  • That trade had been a monopoly of Spain and Portugal.
  • The company settles down in India for trading purposes, which include cotton, silk, and spices from South India.

Learn More:

The nickname of English East India Company was

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