Why didn’t the East India Company get regular supply of goods. explain in long
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Answer: Due to the heavy competition and demand of the woven cloth, the Indian weavers and the supply merchants were keeping the prices high which was not profitable for the East India Company. The East India Company did not had any exclusive trading rights or monopoly over trade in India.
Answered by
1
Answer:
Due to the heavy competition and demand of the woven cloth, the Indian weavers and the supply merchants were keeping the prices high which was not profitable for the East India Company. The East India Company did not had any exclusive trading rights or monopoly over trade in India.
Explanation:
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