Where did the British East India Company control the tea trade?
Beginning in the early 19th century, the company financed the tea trade with illegal opium exports to China.
What did the East India Company import?
Each season, the Company’s ships set out and returned to London with goods such as spices, cotton and indigo from India. The Company maintained its monopoly over the lucrative trade in tea and silk until 1833. As well as foreign goods, the Company’s ships also brought people.
How many soldiers did the British East India Company have?
2. The East India Company controlled its own army, which by 1800 comprised some 200,000 soldiers, more than twice the membership of the British Army at that time.
What were the Indian soldiers in British army called?
Sepoys were Indian soldiers recruited from the native population of India by the European colonial powers. The sepoys were trained and armed in the European manner, and were organised into battalions led by European officers. The units were called “native sepoys” up till 1885, after which the term “native” was dropped.
Why are East Indians called East?
After Portugal handed over Bombay in 1661 to the British East India Company, the company began recruiting Christians from other parts of the Konkan — Mangalore and Goa. In order to differentiate the ethnic community of Bombay from the migrants, they began to call themselves the Original East Indians, after the company.
Is East India Company bad?
By 1785, the permanent staff in its home office had risen to 159. Take just a moment to internalize that. The East India Company was a corporation that was ultimately responsible for the deaths of millions of people, and it was managed from far, far away by no more than 159 people. Evil comes in strange disguises.
Why did Calcutta rise under British?
Although Calcutta was setup after Surat, Madras and Bombay, Calcutta quickly grew due to be the most important city of British India due to the seat of the government and the prosperity of the surrounding region.
How did the East India Company take over India?
The Indian Rebellion was to be the end of the East India Company. In the wake of this bloody uprising, the British government effectively abolished the Company in 1858. All of its administrative and taxing powers, along with its possessions and armed forces, were taken over by the Crown.
How big is the East India company today?
Dutch East India Company, established in the early 17th century, would be worth $7.9 trillion in today’s dollars.