What attracted the rupee in trading companies to India
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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. Indian spices like pepper, cloves, cardamom and cinnamon too were in great demand. Hence European trading companies were attracted to India.
Answered by
1
Answer:
The fine qualities of cotton and silk produced in India had a big market in Europe. Indian spices like pepper, cloves, cardamom and cinnamon too were in great demand. Hence European trading companies were attracted to India.
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