What was the EIC and what was it’s objectives in India?
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The East India Company was initially created in 1600 to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade. It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade.
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ok let me help you out!!
EIC was the east India company which was made for trading purposes in India. It was established in 31st December , 1600.
its objectives are :
- To aquire exclusive rights to trade from and to India.
- To take over the financial resources of the country India .
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