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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.
1. In the 17th and 18th centuries, the East India Company relied on slave labor and trafficked in slaves from West and East Africa, especially Mozambique and Madagascar, transporting them to its holdings in India and Indonesia as well as to the island of St. Helena in the Atlantic Ocean.
Jan 29, 2020 · The East India Company was a private company which, after a long series of wars and diplomatic efforts, came to rule India in the 19th century. Chartered by Queen Elizabeth I on December 31, 1600, the original company comprised a group of London merchants who hoped to trade for spices at islands in present day Indonesia.
