History, asked by fmatm100gmailcom, 10 months ago

why did the east india company became involved in the indian sub continent during the 17 century​

Answers

Answered by gaurimenon5
3

Answer:

Explanation:

India was a source of several products that were sold all over the world by wealthy people in Europe. For example: Spices, cotton goods, yarn, sugar, silk and potassium. The thing that the British mostly wanted was cotton yarn. Cotton cloth was particularly in more demand as the cotton clothing was much more comfortable than the woolen clothing that most of the English people wore and cotton was grown in India. They wanted the control of that trade. India was known as golden sparrow due to its immense wealth and rich agriculture. It was land of golden fiber (jute) and silver fiber (cotton). The British wanted to gain as much profit from trade as possible. So they turn their envious eyes towards India. Another reason was that the East India Company was given a monopoly in trade between Britain and some areas of East Africa. That meant that no other British company could trade in that area. The merchants were hoping to break into the spice trade in Indonesia. But the Dutch had already won the control of spice trade and would not allow any other European company share it. The India was also very important because of its strategic importance. India has remained very important from the strategic point of view it has clear routes to Russia, Middle East and Eastern countries. So the East India Company turned to India for taking benefit of its strategic importance and for trading.

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