History, asked by Ankit7713, 1 year ago

why did indian rulers encourage foreign trade companies to trade with india​

Answers

Answered by HarshChahal1090
6

Answer: HERE YOU GO BROTHER

Explanation:

Indian rulers encouraged foreign companies to trade in their kingdoms because of the following reasons.

1. Trading brought into India a variety of goods that were not locally available. For example, Arab traders used to supply high quality horses that were not available in India.

2. Indian rulers could obtain revenue by imposing taxes on the foreign traders. This way, they could increase the wealth available in their treasuries.

3. Indian rulers also hoped to use the soldiers and armies that accompanied the foreign traders to settle local disputes with other neighbouring kingdom.

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