Question

What led to rise of bombay and calcutta ports in the 19th century?explain.

Answer 1

it is written in the book man

Answer 2

In 1750 the trade channels which were dominated by Indian Merchants was cracking down and European nations were increasing their dominance by obtaining a variety of authorizations from the local court and obtaining monopoly rights of trade. This appears in a deterioration of old port of Surat and Hooghly through which local traders had operated. Exports from these harbors felt and the local bankers gradually went bankrupt. This event occurs in the shift of old ports to the new ports of Bombay and Calcutta where business was dominated by European corporations and goods carried in European ships.