Social Sciences, asked by Rahulamingmailcom, 1 year ago

write an essay on east Indian company with in

Answers

Answered by cuteragini28
3
Hiii


Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UK Essays.This is a story of trade and exploration of ambition and foresight, silk and spice, tea and cricket, timber and gunpowder, cities and ports. It is the story of how a band of traders created a company that far exceeded the sum of their ambitions, uniting distant markets, bringing people together, building and sustaining an empire. It all starts in 1600.The concept of corporations was first established under ancient Roman law (source: University of Virginia). It all began on 31st December 1600, when Queen Elizabeth I granted a charter to the British East India Corporation, naming the corporation "The Governor and Company of Merchants of London, trading with the East Indies."Ships' belonging to The Company dock at Surat and in the next two years establishes its first factory as trading posts were called, in the town of Machilipatnam of the Coromandel Coast f The Bay of Bengal. Landing in India gave the company access to spices not controlled by Dutch traders.Sir Thomas Roe was instructed by James 1 to arrange a commercial treaty with Emperor Nurudin Salim Jahangir. This gave The Company exclusive right to reside and build factories around Surat in exchange for rare commodities from Europe. This provided a secure base for operations to wage trade wars with Portuguese and Dutch governments and merchants.The major factories became the walled forts of Fort William in Calcutta (now Kolkata). Fort St George in Madras (now Chennai) and Bombay (now Mumbai) castle, which developed into the great Indian Cities of today.

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Answered by geniuss22
0

Answer

East India Company Comes East

In 1600 the East India

Company acquired a charter

from the ruler of England,

Queen Elizabeth I. granting it

the sole right to trade with the

East. This meant that no other

trading group in England could

compete with the East India

Company. With this charter

the Company could venture

across the oceans

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