Did the British multinationals have their origins in the loot of India by the East India Company?

Question

One example may be Imperial Chemical Industry

Answer 1

Well india was always considered the richest jewel in the crown Certainly the east india company traded beneficially in spices However india was a land of many cultures,languages,religions and states.Ruled by rajahs.Britain united them as one country.Britain gave them 3 of thier greatest assets .Language,railways and tea The british smuggled the tea out of china,and found the best places to grow it

Answer 2

Yes, the british multinationals have their origins in the loot of india by the east india company.In discovery of inda the final and perhaps most profound part of his "prisontrilogy" written in 1944 from Ahmednager fort,Jawaharlal Nehru described the effect of the east india company on the country he would shortly rule.The corruption,venality,nepotism violenceand greed of money of theseearly generations of british rule in india,he wrote,is something which passess comprehension."it was he added ;"significant that one of the hindustanwords which has become part of the english language is loot".

Answer 3

Generally the answers are Yes as I can see. I would like to give some examples of British hypocrisy and venality.
1. They took the cotton from India for their cloth mills in Manchester and sold the cloth back in india.
2. They took the timber from India for their shipyards in England.
3. They intentionally did not start education in the Punjab so that they would get recruits for their Army.
These are just some of the examples.

Answer 4

The British East India Company was set up by the Britishers when they came to India to start the trading activities. The leased land near the seaports i.e. Bombay, Calcutta, Madras and Surat to set up their forts and trading centres.

Answer 5

Yes , there were a lot of companies who enriched themselves while they were protected by the british army. A lot of the most famous british crown jewels were looted from India at that time.

Answer 6

No, there was never a loot of India. Britishers had left with so much in the way of developed infrastrucures that any earnings they had done by way or forced trade from India was duly repaid by virtue of infrastructure development. Had they left early, we would have been still an underdeveloped country.

Answer 7

How about the loot of the Crown's West Indian colonies (i.e. the Caribbean)?

Answer 8

Yes

Answer 9

BRITISH MNCs DO NOT BENEFIT FROM THE LOOT OF THE BRITISH E.I. COMPANY, IT IS OUR VERY OWN ARISTOCRATS AND MAHARAJAS WHO BENEFITTED MORE AND THEY JUST PASSED IT ON AS SPECIAL FAVOURS TO THE FOREFATHERS OF THESE MULTINATIONALS.

Answer 10

yes