East India Company, British, 1600–1874, company chartered by Queen Elizabeth I for trade with Asia. The original object of the group of merchants involved was to break the Dutch monopoly of the spice trade with the East Indies. However, after 1623, when the English traders at Amboina were massacred by the Dutch, the company admitted defeat in that endeavor and concentrated its activities in India. It had established its first factory at Machilipatnam in 1611, and it gradually acquired unequaled trade privileges from the Mughal emperors. Although the company was soon reaping large profits from its Indian exports (chiefly textiles), it had to deal with serious difficulties both in England and in India. During the 17th cent. its monopoly of Indian trade was constantly challenged by independent English traders called “interlopers.” In 1698 a rival company was actually chartered, but the conflict was resolved by a merger of the two companies in 1708. By that time the company had established in India the three presidencies of Madras (now Chennai), Bombay (now Mumbai), and Calcutta (now Kolkata).-
2006-12-22 22:53:02
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answer #1
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answered by Anonymous
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2006-12-23 07:23:14
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answer #2
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answered by jhon...147 1
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Early 1600's during the Time of Mughal ruler Jahangir , son of Akbar. But they started establishing themselves after 1757 Battle of Plassey
2006-12-23 05:09:03
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answer #3
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answered by Anonymous
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the "united east indian company" (VOC) was started on 20nd of march 1602 as a merger of 6 companies which started each around 1595 to sail.
It'is first boat (after the merger) left in 1603
2006-12-23 04:54:37
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answer #4
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answered by Ward Z 1
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10th january 1616 is when the britishers formally went to the king and placed an offer to let them bring goods from their country .
2006-12-23 13:56:49
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answer #5
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answered by Anonymous
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WELL THEY CAME IN THE 17TH CENTURY
2006-12-23 05:15:29
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answer #6
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answered by ? 3
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Please check the following link:
http://en.wikipedia.org/wiki/British_East_India_Company#Footholds_in_India
2006-12-23 08:13:03
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answer #7
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answered by vakayil k 7
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Please See this link:
http://en.wikipedia.org/wiki/British_East_India_Company
2006-12-23 04:48:09
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answer #8
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answered by sudhi's 3
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