what attracts European trading companies to India?
Answers
Answer:
Explanation:
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.
The first direct sea-route from Europe to India via Cape of Good Hope was opened by Vasco-da-Gama who reached the coast of Calicut in May 1498. ... He comes to India as the representative of the king of Portugal. Therefore, the Portuguese were the first European nations who settled down in India as traders.
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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.
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