Q.Which of the following European trading companies eventually gained political control over large parts of India and used that control to reshape Indian trade primarily to serve British commercial interests?
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Start your 14-day free trial to unlock the full solution →The Portuguese were the first Europeans to establish a direct sea trade with India (from 1498) and later held Goa, but they never gained control over large parts of the subcontinent. The Dutch East India Company (VOC) and the French East India Company (based chiefly at Pondicherry) also competed for Indian trade but, after a series of conflicts, lost out to the English East India Company as the dominant European power in India.
The English East India Company, chartered in 1600, expanded from its first Surat factory (1613) into a position of direct political control, beginning decisively with Bengal after the Battle of Plassey in 1757. Once it held political power, the Company was able to shape tariff and revenue policy in Britain's commercial interest — favouring British manufactured imports, extracting revenue used to fund the purchase of Indian exports, and building infrastructure …
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