One of the most factors that the British lunched the colonization of India was the establishment of the East India Company. Throughout the 16th century to early 17th century, the demand for spices in Europe had continued to increase. At early 1600s, the Portuguese were the only European …show more content…
And the East India Company decided to explore the feasibility of gaining a territorial foothold in mainland in India and requested the Crown to launch a diplomatic.
In 1627, the Mughal Emperor Jahangir granted the India Company permission to build a fortified factory at the principal Mughal port of Surat. However, the factory at Bombay became the headquarters of the Company. Eventually the region was divided into the three presidencies of Calcutta, Madras, and Bombay. In consequence, they were still responsible to the Court of Directors in London and the East India Company garnered huge profits generated by a system of triangular trade that saw English gold and silver coins traded for Indian goods.
It is not much say that British rule in India was originated from having begun in 1757. On June 23rd of that year, at the Battle of Plassey, a small village and mango grove between Calcutta and Murshidabad, the forces of the East India Company under Robert Clive defeated the army of Siraj-ud-daulah, the Nawab of Bengal. The battle lasted no more than a few hours, and indeed the outcome of the battle had been decided long before the soldiers came to the …show more content…
V. BOWEN, Some contemporaries described the eighteenth –century East India Company as a machine or engine driving forward the expansion of the British empire, state, and system of public finance. But although the hydra-like corporation had been elevated far above the status of a straightforward trading company, few suggested that the Company also powered the growth of the wider metropolitan economy to any great degree, and certainly no one believed that the eastern empire offered much support for the development of British