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In 1608, the East India Company secured a significant advantage by gaining permission from Mughal Emperor Jahangir to establish a trading presence in India. This agreement allowed them to trade in key commodities such as spices, textiles, and precious stones without interference from local authorities. The Company was granted a license to build a factory in Surat, which facilitated the expansion of its operations and helped establish a foothold in the lucrative Indian market. This cooperation marked the beginning of a profitable relationship between the East India Company and the Mughal Empire.

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2mo ago

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