Question

where,when and why was the British east india company established?​

Answer 1

Answer: 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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Answer 2

Answer:

Where was the British East India Company established?

East India Company was established in India on the banks of river Hugli.

When was the East India Company established?

East India Company was established on the banks of river Hugli in 1651.

Why was the East India Company established?

The East India Company was established in India because in 1600, Queen Elizabeth I granted the Company a charter, which allowed the Company to trade with the east. This charter however didn't allow other trading companies from England to compete with the East India Company. The East India Company came as a small trading group in India because:

• The fine qualities of cotton and silk produced in India had a big market in Europe.
• Spices such as pepper, cloves and cardamom were too in great demand.