History, asked by ravenclaw8529, 1 year ago

Who was monarch during east india company came into existence?

Answers

Answered by ravimaurya24

In 1600, queen Elizabeth 1 granted monopoly to East India Company for trade with East Indies. The first factory of the company was set up in Masulipatnam( present day machilipatnam, Krishna) in 1611. in 1612, it got permission fromMughal Emperor Jahangir to establish Factories in Surat.

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