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The East India Company (EIC) [a] (1600–1874) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia. The company gained control of large parts of the Indian ...
Company rule in India (also known as the Company Raj, [6] from Hindi rāj, lit. 'rule'[7]) refers to regions of the Indian subcontinent under the control of the British East India Company (EIC). The EIC, founded in 1600, established their first trading post in India in 1612, and gradually expanded their presence in the region over the following ...
Nov 9, 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
Although the 1600s and early 1700s saw the East India Company primarily focused on the trade of textiles, by the mid 18th century the Company’s trading patterns began to change. The reasons for this were two-fold. Firstly, the industrial revolution had changed the way that the Company dealt with the textiles trade.
Nov 14, 2024 · The British East India Company ruled over the Indian subcontinent during the period known as "company rule" in India. Q) Why is the Act of 1813 called the Charter Act? The charter of the British East India Company was renewed under the East India Company Act of 1813, and thus it is known as the Charter Act of 1813.
Sep 27, 2022 · The English East India Company (EIC or EEIC), later to become the British East India Company, was founded in 1600 as a trading company. With a massive private army and the backing of the British government, the EIC looted the Indian subcontinent from 1757 until anarchy necessitated that government step in and take over EIC possessions in 1858.
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Oct 5, 2021 · Introduction. Beginning of Rule: The British East India Company was established as a trading company in 1600 and transformed into a ruling body in 1765. Interference in Internal Affairs: After the Battle of Buxar (1764), the East India Company got the Diwani (right to collect revenue) of Bengal, Bihar and Orissa and gradually, it started interfering in Indian affairs.
