Why European management agencies were set up in India?
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European Managing Agencies (e.g. Bird Heiglers and Co., Andrew Yule, Jardine Skinner and Co.) which dominated industrial production in India, were interested in certain kinds of products.
Acquiring land at cheap rates from the colonial government, they established tea and coffee plantations. They invested money in mining, indigo and jute.
Most of these products were used for export trade. Till the First World War, these agencies controlled a large sector of Indian industries.
These agencies mobilised capital, set-up joint stock companies and managed them.
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To rule on us
To get all important things of india
To conquer the land on india
By conquering they will get free labour and money
They collect taxes from us to pay their debt
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