what was the prime objective of East India Company
Answers
Answer:
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. It also traded cotton, silk, indigo, saltpeter, and tea and transported slaves.
Answer:
East India Company, also called English East India Company, formally (1600–1708) Governor and Company of Merchants of London Trading into the East Indies or (1708–1873) United Company of Merchants of England Trading to the East Indies, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th century. In addition, the activities of the company in China in the 19th century served as a catalyst for the expansion of British influence there.