Why did trade flourished in south India
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Southern Indian trade guilds were formed by merchants in order to organise and expand their trading activities. Trade guilds became channels through which Indian culture was exported to other lands. From the 11th century to the 13th century, South Indian trade in Southeast-Asia was dominated by the Cholas; and it replaced the Pallava influence of the previous centuries.
Several trade guilds operated in medieval Southern India such as the Gatrigas, Nakaras, Mummuridandas, Ayyavole-500, Ubhayananadesigal, Settis, Settiguttas, Birudas, Biravaniges, Gavares, etc. Temples were the pivot around which socio-economic activities of the land revolved. Some trade guilds, such as the Nakaras and Gavares, met only in the temple premises.
Some trade guilds were very powerful and decided the fortunes of the kingdom. One example is the trade guild of Nanadeshis who not only financed local development projects and temple-constructions but also lent money to the kings. The rulers did their best to accommodate the guilds because of the benefit they derived from them. Trade guilds employed troops, enjoyed immunities, and had international connections and thus constituted a state within a state.
Trade guilds were often independent bodies over which kings tried to exercise control; and sometimes failed. One such example relates to the bankers and money-changers of the Bahmani Kingdom who ignored all warnings and melted all new coins that fell into their hands and supplied the metal to the mints of Warangal and Vijayanagar.
Several trade guilds operated in medieval Southern India such as the Gatrigas, Nakaras, Mummuridandas, Ayyavole-500, Ubhayananadesigal, Settis, Settiguttas, Birudas, Biravaniges, Gavares, etc. Temples were the pivot around which socio-economic activities of the land revolved. Some trade guilds, such as the Nakaras and Gavares, met only in the temple premises.
Some trade guilds were very powerful and decided the fortunes of the kingdom. One example is the trade guild of Nanadeshis who not only financed local development projects and temple-constructions but also lent money to the kings. The rulers did their best to accommodate the guilds because of the benefit they derived from them. Trade guilds employed troops, enjoyed immunities, and had international connections and thus constituted a state within a state.
Trade guilds were often independent bodies over which kings tried to exercise control; and sometimes failed. One such example relates to the bankers and money-changers of the Bahmani Kingdom who ignored all warnings and melted all new coins that fell into their hands and supplied the metal to the mints of Warangal and Vijayanagar.
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South India's trade flourished because of the area surrounding by oceans from three sides.
Explanation:
- As the age of exploration began in Europe, European explorers voyaged around the world to search for new trading routes and to gain spices, wealth, and riches.
- Portuguese on their way to find Sea route reach India in 1498. Vasco da Gama became the first European from Portugal to take a voyage from Africa to India. He opened the sea route to connect Europe to Asia.
- After Vasco Da Gama brought spices (pepper) from India, European power entered into a competition for controlling the spice trade in India.
- Availability of spices and other precious items led the region to develop as a trading centre.
Learn More:
Describe the pattern of trade seen in south india between 100BC and AD200
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