How many members are there in the East India Company?
The company established trading posts in Surat (1619), Madras (1639), Bombay (1668), and Calcutta (1690). By 1647, the company had 23 factories, each under the command of a factor or master merchant and governor, and 90 employees in India.
What was the East India Company?
The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.
Who was the East India Company’s main competitor in India?
Portugal, Netherlands, and France were the competitors of the East India Company in the textile industry in the eighteenth century. Explanation: East India Company was formed in the year 1600. East India Company started their dominance towards India from 1612 and continued till 1874.
Did any British stay in India?
Many British citizens chose to stay on—there were 28,000 of them in 1951, and still 6,500 in 1971. They did not own large tracts of lands, as ‘settlers’ did in other former British colonies. They stayed largely because they could imagine no other life but the one in India.
Who ruled on India?
British Raj
| East India Company | 1612–1757 |
|---|---|
| Company rule in India | 1757–1858 |
| British rule in Ceylon | 1796–1948 |
| British rule in Portuguese India | 1797–1813 |
| British Raj | 1858–1947 |
Is India ruled by a king?
The title was dropped on 22 June 1948, when, under the Indian Independence Act 1947, George VI became king of the new dominions of India and Pakistan. The monarchies were abolished upon the establishment of the Republic of India in 1950 and the Islamic Republic of Pakistan in 1956.