what attracted the European trading companies to settle down in India ? Do you think trading was the only motive? support your answer.
Answers
Answer:
European trading companies ventured across the oceans so as to look for new lands from where they could buy goods at a cheap price, and carry them back to Europe to sell at higher prices.The fine qualities of cotton and silk produced in India had a big market in Europe.
Trading was not the only motive they wanted expand and take over india
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.