State the new policy of East India Company after Emperor Aurangzeb annexed Golconda?
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After Emperor Aurangzeb annexed Golconda the East India company had to look for new alternatives of setting up new company trade centers since the Shahi rulers had imposed heavy monopolies on the sale of textile, spices and other items.
Explanation:
- The Qutbh Shahi rulers had imposed royal monopolies on the trading of textiles, spices and other goods.
- This was done to prevent trade passing totally in the hands of the East India companies. There was a lot trading among the various groups that made the city very prosperous.
- Therefore it was part of the new policy of the British that it was not enough if the port had connections with the production centers. Therefore they had to look fro new alternatives
To know more about royal monopolies
Who imposed Royal monopolies on the sale of commodities like textile and spices?
https://brainly.in/question/14360101
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