The foundation of british administration and its effects
Answers
This indirect trade came to an end with the discovery of a sea- route between Europe and India. Vasco da Gama of Portugal reached Calicut in 1498.
ade:
The Portuguese established their headquarters in Goa, Daman and Diu on the western coast of India and established their monopoly over trade with India. The success of the Portuguese traders prompted other European countries to set up trading companies for trade with India and other parts of Asia and Africa. Thus, Holland, England, France and Denmark set up trading companies. With the arrival of other European companies, the Portuguese lost their predominance over Indian trade.
The Dutch East India Company:
The Dutch East India Company was more interested in the profitable spice trade with the islands of the East Indies. They were soon pushed out by the other European companies.
This indirect trade came to an end with the discovery of a sea- route between Europe and India. Vasco da Gama of Portugal reached Calicut in 1498.
ade:
The Portuguese established their headquarters in Goa, Daman and Diu on the western coast of India and established their monopoly over trade with India. The success of the Portuguese traders prompted other European countries to set up trading companies for trade with India and other parts of Asia and Africa. Thus, Holland, England, France and Denmark set up trading companies. With the arrival of other European companies, the Portuguese lost their predominance over Indian trade.
The Dutch East India Company:
The Dutch East India Company was more interested in the profitable spice trade with the islands of the East Indies. They were soon pushed out by the other European companies.