East india company - watch this video on the east india company, a company from britain who traded asian commodities and also helped establish the british raj in india. The establishment of the british east india company completely changed the history of india leading to the establishment of the british rule in india which continued till the mid- twentieth century. The british east india company's import of opium to china reaches a staggering two thousand chests of opium per year 1793 the british east india company establishes a monopoly on the opium trade. In the late 1500s, european explorers started sailing east for trading purposes the spanish and the portugese were originally dominant on these new sailing routes, but after the destruction of the spanish armada in 1588 the british and dutch were able to take more of an active role in trade with . The dutch east india company and british east india company: the history and legacy of the world’s most famous colonial trade companies charles river editors 40 out of 5 stars 3.
British east india company history british traders east indies english east india company search the library customize your search: search within the topic . The british east india company was founded in 1600, during the last years of the reign of queen elizabeth i of england, for trade in the east indies, which had been opened to european trade by the portuguese navigator vasco da gama because of rivalries for the spice trade in the east indies, the . Discover the astonishing history of the east india company with this primary source collection from the british library. And so, the ‘honourable company of merchants of london trading with the east indies’ – or east india company, as it came to be known – was founded few could have predicted the seismic shifts in the dynamics of global trade that would follow, nor that 258 years later, the company would pass control of a subcontinent to the british crown.
The british east india company - the british india company was granted an english royal charter, under the name governor and company of merchants of london trading into the east indies, by elizabeth i in december 1600. The british east india company, also known as the english east india company or simply the east india company was a british trading company established by queen elizabeth i (r 1558-1603) by a royal charter on december 31, 1600. The flag of the east india company represented the british east india company between 1600 and 1874 the flag was altered as the nation changed from england to great britain to the united kingdom. The east india company (eic), also known as the honourable east india company (heic) or the british east india company and informally as john company, was an english and later british joint-stock company, formed to trade with the east indies (in present-day terms, maritime southeast asia), but ended up trading mainly with qing china and seizing control of large parts of the indian subcontinent. The british east india company needs no introduction to the world of business, commerce and industry it was the most successful business ever and has a more colourful and adventurous history than any company in history.
The east india company evolved from a small enterprise run by a group of city of london merchants, which in 1600 had been granted a royal charter conferring the monopoly of english trade in the whole of asia and the pacific at its outset the east india company was interested in the commercial . The east india company, the de-facto rulers of india, blamed the british christian evangelicals for having upset local religious sensibilities while the evangelicals blamed the company for hampering its efforts. The british east india company was established in 1600 ce under the name ‘the company of merchants of london trading into the east indies’ the company first established its foothold in masulipatnam in india in 1611 ce. British east india company britain's company in charge of trade in india - was able to receive from mughal court in india the authority to collect taxes from lands in the surrounding areas of calcutta set stage for british colonizing india in 1858. When and why was the east india company abolished what are some lessons that can be learned from british east india company part in history when and for what purpose was the british east india company established.
The east india company was thus the first corporation to pay a dividend out of debt a new product, and a new market the company was eventually able to regain its footing by tacking to another . Alternative titles: british east india company, english east india company, governor and company of merchants of london trading into the east indies, united company of merchants of england trading to the east indies . Their own united east india company (voc) wants to monopolise european trade in fine spices the voc tries to prevent the english from trading directly with the spice islands of the bandas and the moluccas in eastern indonesia, a source of valuable cloves, nutmegs and mace. It is unbelievable today a company can manage not only trade, but armies, wars, politics and nation the british east india company does not have a parallel in the history of mankind. Timeline for the british east india company, history through timelines by historymolecom searchable historical themes and world events from the last two thousand years.
Background to east india company sign up for our e-newsletter home the company story search our website the british in india . British east india company , 1600–1874, company chartered by queen elizabeth i  for trade with asia the original object of the group of merchants involved was to break the dutch monopoly of the spice trade with the east indies . The british east india company established major precedents for corporations read about queen elizabeth's east india company's ruthless quest for profit.