write an essay on the advent of the East India company into India?
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Answer:
Essay on East India Company !
After inflicting a naval defeat on the Spanish Armeda in 1588 the British acquired naval supremacy. This encouraged certain merchant adventurers of London to form a company for trade in the East.
Accordingly they formed the East India Company and received a charter from Queen Elizabeth I of England on 31 December 1600. During the initial years of its existence the Company undertook ‘separate voyages’ and distributed the profits from each voyage among the subscribers.
Answer: After inflicting a naval defeat on the Spanish Armeda in 1588 the British acquired naval supremacy. This encouraged certain merchant adventurers of London to form a company for trade in the East.
Accordingly they formed the East India Company and received a charter from Queen Elizabeth I of England on 31 December 1600. During the initial years of its existence the Company undertook ‘separate voyages’ and distributed the profits from each voyage among the subscribers. The first effort for regular trade with India was made in 1608 when the company wanted to establish a factory at Surat. The British Captain Hawkins tried to obtain permission from the Mughal emperor Jahangir to establish a factory at Surat, but the efforts were foiled due to the hostility of the Portuguese.
However, in 1612 two of the English vessels reached Surat and inflicted a defeat on the Portuguese fleet. In 1613 the English succeeded in securing permission from Jahangir to establish their first factory at Surat.
In 1615 the British succeeded through the good offices of Thomas Roe in securing from the Mughal emperor certain privileges including the right to erect factories in certain parts of the empire. By virtue of this concession the English established factories at Surat, Agra, Ahmedabad and Broach within the next four years. These factories were placed under the supervision of the President and the Council of Surat factory.In 1668 Charles transferred Bombay (which he had received as a part of dowry of his queen) to the English East India Company on an annual rent of £10. In course of time Bombay became a flourishing commercial city and superseded in importance even Surat.
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