Question

Why had the Surat declined by the end of the 17th century?​

Answer 1

Answer:

The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. ... This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.

Answer 2

Explanation:

The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. They secured many concessions from local courts as well as the monopoly rights to trade. This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.