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Why East India Company get involved in India?

Updated: 8/17/2019
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12y ago

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they came to trade, mainly for spices.

They were traders and Indian textiles, spices, sandalwood etc were in huge demand in European countries. As they wanted to reap these dividends, they followed the Portuguese and came to India. Indigo was the variety used in Indian handicrafts. Silk was easily procured from the Golden Silk Route linked between China and Taxila. Also, Sumatra and Indonesian islands were very close for trade purpose.

East India Company had shareholders as they shared the part of their profits among them. People invested in East India Company as they had enough money as savings. Robert Clive was the one who helped to establish their sovereignity in Bengal, India through alliances with princes and nawabs. 1757 A.D. was the turning point.

By Bharat Sadhwani

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12y ago
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