History, asked by Russy9644, 8 months ago

What attracted European trading companies to settle down in India support your answer

Answers

Answered by madhumitaacharjee
0

Answer:

great wealth of india and the weakened kingdoms from which they could take pension and slowly take control over india for cotton silk wheat etc and give it to their own countries and then again selling in India with a high price

Answered by Anonymous
1

European trading companies were attracted to India because of a number of reasons:

Trading with India was highly profitable and fruitful to the businessmen in Europe.

The European trading companies purchased goods at cheaper and sold them in Europe at the higher prices.

In Europe, the fine qualities of silk and cotton produced in India had a big market in Europe.

In Europe, Indian spices like - pepper, cloves, cardamom, and cinnamon were in great demand.

The intra fights between the Indian rulers helped the European trading companies, through Divide and Rule policy, established their power in India.

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