What attracted european trading companies to india?
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1️⃣After Aurangzeb's death in 1707, many Mughal governors(subhedars and big zamindars began to establish their own authority).
2️⃣Delhi could no longer remain as an effective Centre due to the emergence of regional kingdoms in various parts of India.
3️⃣The ruler of England, Queen Elizabeth I granted company a charter to trade in east. The company started trading as the rulers (Mughals) give them the right to trade.
4️⃣The company in due time transformed itself from trading to ruling in India and it acquired military functions.
5️⃣The company was based on Indian economy.
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Answer :
The European trading companies of great opportunities in trade with India.
They could buy goods at a cheap price in India and carry them back to Europe to select higher prices.
This opportunity attracted them to India.
Thank You!
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