Page 10 - SST Class 08
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Establishment of



                                                                      Company Power                        2










             q   European trading companies in India                q   The Anglo-French rivalry in India
             q   The conquest of Bengal                             q   Dual or double government
             q   The conquest of Mysore                             q   The conquest of Maratha
             q   The conquest of Punjab                             q   Annexations on various pretexts
             q   Causes of the success of the British

            Introduction                                            purpose of trade. It was only afterwards that they

            The Indian and Arab traders used to conduct             realized the necessity of entering into Indian
            overland trade with many countries including            politics and occupy the Indian territory. The most
            Europe. The first direct sea-route from Europe to       important articles that they sought included spices
            India via the Cape of Good Hope     was opened by       and gold. The trade with India was very profitable,
            Vasco da Gama   who reached the coast of Calicut in     we can know this from the fact
            May 1498. Thus began the direct trade between the       that Vasco da Gama earned
            countries of western Europe and India. Vasco da         sixty times of the money that he
            Gama had come to India as the representative of         had   invested.   Huge     profits
            the king of Portugal. Thus, the Portuguese were the     involved in trade with India
                                                                    made these Europeans contend
            first European nations who settled down in India as
            traders. They enjoyed monopoly of Indian trade all      with one another.                    Vasco da Gama
            throughout the sixteenth century. It was not only       The Portuguese
            due to the fact that they  were the first to come to    The Portuguese was the first to establish their
            India, but also that the Pope Alexander VI     had
                                                                    political power along the west coast of India. They
            granted them a decree in 1492, and no Catholic          established their settlements in the coastal areas of
            Christian dared to challenge this decree. But the
                                                                    Cochin, Calicut, Daman and Diu. They controlled
            situation changed with the Protestant movement in
                                                                    their commercial and political power there for
            Europe, and thus other European traders entered         nearly four and a half century. By the 17th
            India for trade. These other Europeans were the
                                                                    century, their empire began to decline and they
            Dutch, the British and the French.                      could no longer retain their monopoly of trade
                                                                    with India due to various causes—Portugal was a
                 Info Bits
                 Info Bits                                          small European country and did not have
                                                                    abundant resources and manpower to look after
            The East India Company got the Island of Bombay         this far-off trade, so the other more powerful
            from British king Charles II who had got the Island     European     countries    displaced    them.    The
            as a wedding gift when he married a Portuguese          Portuguese often converted the Hindus and
            princess.                                               Muslims into Christianity, they also married with
                                                                    Indian women; which angered the people and
                 EUROPEAN TRADING COMPANIES IN INDIA                rulers of India. Finally their interference in Indian
                                                                    politics and a conflict with a few Indian rulers
            The Europeans came to India primarily for the
                                                                    proved them costly.
                     Contemporary Social Science-8
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