why East India Company begins trade in Bengal
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because they sold gold and silver and buy maize,rice to trade in bengal...
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In 1651, the first English factory was set up on the banks of river Hugli and first english factory was opened up at Surat in 1608.
Aurangzeb issued a farman granting the company the right to trade duty free.
The company tried to press for more concessions and manipulate existing privileges.
For trading purpose the passes were issued to company officials but they misused these passes for private trade and accumulate wealth on the name of company.
Soon because of private trade company suffered and went into loses. To cure this anamoly British government made strict rules.
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