'The ports of Surat and Hooghly declined by the 18thC.' Explain.
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till 1750 indian merchant controlled surat and hooghly port but when european companies india and get a monoply right and some power frm local govt and gained power then export from old port decline and then export from new port expand at bombay nd culcutta this was the main reason of decline of surat nd hooghly port
shreedevsingh9:
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answered Dec 13, 2017 by priya12 (-800 points)
(i) Most of the European companies had huge resources, so it was very difficult for the Indian merchants and traders to face the competition.
(ii) The European companies were gaining power by securing a variety of concessions from the local courts
(iii) Some of the companies got the monopoly rights to Dade.
All this resulted in the decline of the old ports of Surat and Hoogly through which local merchants had operand. Exports from these ports fell dramatically, the credit that had financed the earlier trade
(i) Most of the European companies had huge resources, so it was very difficult for the Indian merchants and traders to face the competition.
(ii) The European companies were gaining power by securing a variety of concessions from the local courts
(iii) Some of the companies got the monopoly rights to Dade.
All this resulted in the decline of the old ports of Surat and Hoogly through which local merchants had operand. Exports from these ports fell dramatically, the credit that had financed the earlier trade
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