Why were the European managing Agencies interested in certain kinds of products only
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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
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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bcz in the universe... we all need these things which are from pins to cars.. that's why he did this...
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