You asked: Why did European trading companies came to India?

Why did European trading companies want to establish trading alliances with India?

European trading companies ventured across the oceans so as to look for new lands from where they could buy goods at a cheap price, and carry them back to Europe to sell at higher prices. Hence European trading companies were attracted to India.

For what purpose did the European trading companies come to India in 16 century?

Answer: They came in India in order to trade. they bought raw materials from India like Cotton at cheap price and make product out of it in their country and sell in India at higher prices…

Why did European traders established trading company?

The European trading companies set up trade centres in coastal areas because at that time trade through sea was convenient to export and import goods and items at a low price. And at the same time, they sell those goods in Europe at higher prices.

Why did European trading companies come to India Class 8?

Answer. European trading companies were looking for new lands from which they could buy goods at a cheap price and carry them back to Europe to sell at higher prices. … These were the reasons that attracted European trading companies to India.

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How did the European traders reach India?

Answer: Near the end of the 15th century, Portugese sailor Vasco Da Gama became the first European to establish direct trade links with India since Roman times by being the first to arrive by circumnavigating Africa. He arrived at calicut and obtained permission to trade from the king.

Why was EIC interested in India?

The British East India Company came to India as traders in spices, a very important commodity in Europe back then as it was used to preserve meat. Apart from that, they primarily traded in silk, cotton, indigo dye, tea and opium. They landed in the Indian subcontinent on August 24, 1608, at the port of Surat.

What attracted European trading companies to India Brainly?

Answer: The fine qualities of cotton and silk produced in India had a big market in Europe. Spices like Pepper, cloves, cardamom and cinnamon too were in great demand. These were the reasons that attracted European trading companies to India.

Why were so many trading companies formed in Europe in the 16th and 17th century?

The factors which were responsible for opening and development of European trade in India during the 16th and 17th centuries are as follows: … Discovery of the all new sea route to India by the Europeans also contributed. Pepper and spices were brought to Europe overland and partly by sea from India and South-East Asia.

How did European trading company encouraged Urbanisation in India?

Answer : The European trading companies of great opportunities in trade with India. They could buy goods at a cheap price in India and carry them back to Europe to select higher prices. This opportunity attracted them to India.

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