Question

why did Surat declined ? give two reasons ​

Answer 1

Answer:

The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. ... This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.

Answer 2

Answer:

The old port of surat declined due to the coming of new ports on Bombay and Calcutta. The British had gained the monopoly right to trade and were using this to execute all forms of competition from the indian merchants...

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