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The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia.
May 27, 2024 · East India Company, English company formed for the exploitation of trade with East and Southeast Asia and India, incorporated by royal charter on December 31, 1600. Starting as a monopolistic trading body, the company became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the mid-19th ...
- The Editors of Encyclopaedia Britannica
The East India Company offers fine food, drink, coins, collectibles and more inspired by 400 years of cultural impact. Explore their stories, collections and products from tea, coffee, chocolate, biscuits, porcelain, coins and more.
- East India Company Founded Under Queen Elizabeth I
- East Indies Trade Fueled Consumer Culture
- In India, Trade and Politics Blend
- From Mercantile Company to Empire Building
- The Opium Wars and The End of The East India Company
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On the very last day of 1600, Queen Elizabeth I granted a charterto a group of London merchants for exclusive overseas trading rights with the East Indies, a massive swath of the globe extending from Africa’s Cape of Good Hope eastward to Cape Horn in South America. The new English East India Company was a monopoly in the sense that no other Britis...
Before the East India Company, most clothes in England were made out of wool and designed for durability, not fashion. But that began to change as British markets were flooded with inexpensive, beautifully woven cotton textiles from India, where each region of the country produced cloth in different colors and patterns. When a new pattern arrived, ...
When the British and other European traders arrived in India, they had to curry favor with local rulers and kings, including the powerful Mughul Empire that extended across India. Even though the East India Company was technically a private venture, its royal charter and battle-ready employees gave it political weight. Indian rulers invited local C...
A major turning point in the East India Company’s transformation from a profitable trading company into a full-fledged empire came after the Battle of Plassey in 1757. The battle pitted 50,000 Indian soldiers under the Nawab of Bengal against just 3,000 Company men. The Nawab was angry with the Company for skirting taxes. But what the Nawab didn’t ...
The exploits of the East India Company didn’t end in India. In one of its darkest chapters, the Company smuggled opium into China in exchange for the country’s most prized trade good: tea. China only traded tea for silver, but that was hard to come by in England, so the Company flouted China’s opium ban through a black market of Indian opium grower...
Learn how the East India Company became the world's most powerful monopoly, trading with India, China and other regions for over two centuries. Explore its origins, challenges, profits, controversies and legacy in this article.
- Dave Roos
Sep 27, 2022 · The East India Company (EIC) was a British trading company that established trade 'factories' in India and elsewhere in Asia before conquering territory and administering it. In the mid-19th century, the EIC's territories were taken over by the British Crown and officially incorporated into the British Empire.
- Mark Cartwright
- The East India Company was owned by a number of private shareholders ranging from the very rich to small investors.
- The East India Company was so powerful because it had a trade monopoly with India and China. The company could pay for a large army to take new ter...
- The East India Company does not exist today. It became part of the British Empire in 1858 and was formally dissolved by the British Parliament in 1...
Oct 26, 2022 · Learn how the British East India Company, a powerful and wealthy trading company, was dissolved after facing criticism and rebellion in India and Britain. Explore its history, trade, wars, corruption, and reforms from 1600 to 1874.
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Sep 6, 2019 · Learn how the East India Company, a British corporation founded in 1600, became the most powerful business in the world and controlled nearly all of the Indian subcontinent. Discover its history, achievements, controversies, and legacy in this article.
