Question

Indian entrepreneurs abroad class 10 explain

Answer 1

1. Shikaripuri Shroffs and Nattu Kottai Chettiar were among the many group of bankers and traders who financed export agriculture in Central and South-East Asia, using their own funds or the borrowed money from European banks.

2. They had a sophisticated system to transfer money over large distances and even developed their own corporate organisation.

3. Hyderabadi Sindi traders however, ventured beyond European colonies.

4. They had established emporia at busy ports worldwide, selling local and imported artifacts to tourists

Answer 2

Indian entrepreneurs abroad:

• Among the groups of Indian bankers and traders were Nattukottai Chettiars and Shikaripuri Shroffs. They supported export farming in Central and Southern Asia.
• They had their own highly developed system for sending money to various countries, including India.
• Along with the European colonisers, Indian traders and moneylenders also made their way to Africa. The traders from Hyderabad, Sindh, even travelled to colonies of Europe.
• By the 1860s, they had built prosperous emporia in busy ports all over the world.
• Entrepreneurs in India are now willing to sell abroad. Many small Indian businesses get a sizable portion of their sales from foreign markets.

To learn more:

https://brainly.in/question/3009589

https://brainly.in/textbook-solutions/q-role-export-promotion-councils

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