Question

In which industries European managing agencies were interested

Answer 1

European Managing Agencies (e.g. Bird Heiglers and Co., Andrew Yule, Jardine Skinner and Co.) which dominated industrial production in India, were interested in certain kinds of products. Acquiring land at cheap rates from the colonial government, they established tea and coffee plantations.

Answer 2

European managing agencies were interested in tea and coffee plantations, acquiring land at cheap rates from the colonial government and they invested in mining, indigo, and jute.

Explanation:

• The European agencies are Bird Heiglers and Co., Andrew Yule, Jardine Skinner which are very popular in Indian country.

• During that period they were involved in certain products from india.

• They 'invested money' in mining, indigo, and jute.

• These products were used for trading.

• In the First World War, these agencies managed a big sector of 'Indian industries'.

• These agencies assembled capital, implement 'joint-stock' companies and accomplished them.

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