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The East India Company ( EIC) [ a ] was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [ 4 ] It was formed to trade in the Indian Ocean region, initially with the East Indies (the South and Southeast Asia ), and later with East Asia. The company gained control of large parts of South Asia and colonised ...
At the same time, the East India Company's rule in India contributed to its deindustrialization, opening up a new market for foreign goods, [5] while the capital accumulated in Bengal after establishing direct control in 1757 was used by the East India Company to invest in British industries such as textile manufacturing, which contributed ...
In 2012, Goan designer Wendell Rodricks stated that “Indo-western clothing originated in Goa.” On December 31, 1600, Queen Elizabeth I formally allowed trade in the East Indies to The Company of Merchants of London Trading into the East Indies. This was a strategic move to compete in the Dutch-controlled spice trade.
Company rule in India (sometimes Company Raj, [6] from Hindi rāj, lit. ' rule ' [7]) was the rule of the British East India Company on the Indian subcontinent.This is variously taken to have commenced in 1757, after the Battle of Plassey, when the Nawab of Bengal Siraj ud-Daulah was defeated and replaced with Mir Jafar, who had the support of the East India Company; [8] or in 1765, when the ...
India is the world's second largest exporter of textiles and clothing, and in the fiscal year 2022, the exports stood at US$44.4 billion. [ 2] According to the Ministry of Textiles, the share of textiles in total exports during April–July 2010 was 11.04%. During 2009–2010, the Indian textile industry was pegged at US$ 55 billion, 64% of ...
Point de Galle. Pondicherry. Poolo Bay, a bay some nine miles southward of Fort Marlborough, Bengkulu (city) Port Cornwallis, on Ross Island in the Andaman Islands. Porto Novo. Porto Praya. Priaman. Pring: a pepper port some 16 miles northwest of Manna Point, on the west coast of Sumatra.
East Indiaman. East Indiaman was a general name for any sailing ship operating under charter or licence to any of the East India trading companies of the major European trading powers of the 17th through the 19th centuries. The term is used to refer to vessels belonging to the Austrian, Danish, Dutch, English, French, Portuguese or Swedish ...
The East India Company controlled most of the subcontinent of India. No other company in history has ever governed so many people. No other company in history has ever governed so many people. With the exception of China , the E.I.C. controlled a larger population by the nineteenth century than any government of any country in the world.
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