Question

why did most of the european companies target india when the need for markets and colonies arose?

Answer 1

European companies targeted India when the need for markets and colonies arose because of a number of reasons:
1) Trading with India was highly profitable and fruitful to the businessmen in Europe.
2) The European companies purchased goods at cheaper rates and sold them at Europe at higher prices.
3) The fine qualities of cotton and silk produced in India had a big market in Europe.
4) Indian spices were in great demand in Europe.
5) The intra fights between the Indian rulers helped the European trading companies to establish their power through Divide and Rule Policy.

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