Question

what attracted the european trading companies to settle in india? do you think trading was the only motive?support the answer

Answer 1

After the discovery of India the european trading companies knew that there are more useful resource's and they found many cheap labourers were ready to work or join industries for their livelihood . they found this as an advantage that India had cheap labour ,less market value , small companies ready to sell their companies and thus they began investing which is called the foreign investment in India.                                                                                        No i do not think that their motive must have been only trading they could have thought to impose their will upon the undeveloped country then for their advantage.they later controlled most of the parts of India by collecting more tax.

Answer 2

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!