What is East India Company? And what did it do?
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The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.
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The East India Company (EIC) was an English and later British joint-stock company founded in 1600. It was formed to trade in the Indian ...
Products: Cotton, silk, indigo dye, salt, spices, saltpetre, tea, and opium
Industry: International trade, drug trafficking (mainly opium)
Founded: 31 December 1600; 420 years ago
Founders: John Watts, George White
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