Why were the foreign traders attracted to India?

The foreign traders attracted to India because : the labour in india is is cheap and easily available. the markets in india are very good for selling goods and they earn huge profits. there is permission to make special economic zones for them to make it easy in trade.

What attracted foreign traders to India?

Apart from cotton and silk produced in India, European trading companies were attracted to India for its wide variety of spices. Spices like clove, pepper, cinnamon, and cardamom were produced in India and all these spices were of great demand in Europe.

Why were European traders attracted to India?

European traders were attracted towards India because of the spices grown in tropical climates – pepper, cinnamon, nutmeg, dried ginger etc. These spices had become an important part of European cooking. Also, they found the cotton cloth very attractive.

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What attracted European companies to India 8?

Spices like Pepper, cloves, cardamom and cinnamon too were in great demand. These were the reasons that attracted European trading companies to India.

Why were the European traders attracted towards the province of Bengal?

Bengal was the richest and most fertile province in India at that time. It was known as the paradise of the earth and this province attracted traders from many European countries.

Why were the British attracted to India?

The British East India Company came to India as traders in spices, a very important commodity in Europe back then as it was used to preserve meat. Apart from that, they primarily traded in silk, cotton, indigo dye, tea and opium.

Who makes foreign trade policy in India?

Directorate General of Foreign Trade. Ministry of Commerce and Industry. Government of India.

Why did the European trading companies want to establish trading alliances with India?

European trading companies of great opportunities in trade with india. They could buy goods at a cheap price in india and carry them back to europe to select higher prices. This opportunity attracted them to india.

Was the main reason for special attraction of European traders towards Asia and Africa?

(i) Europeans were attracted to Africa in search of valuable minerals like gold, coal, silver, etc. (ii) They were attracted to Africa due to its vast resources of land. (iii) They went to Africa hoping to establish plantations and mines.

What attracted the European traders of India?

4) What attracted European trading companies to India? Ans. Indian cotton and silk was in great demand in Europe. Indian spices like pepper, cloves, cardamom and cinnamon were also in great demand .

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How did the European traders reach India?

Answer: Near the end of the 15th century, Portugese sailor Vasco Da Gama became the first European to establish direct trade links with India since Roman times by being the first to arrive by circumnavigating Africa. He arrived at calicut and obtained permission to trade from the king.

What was reason behind the battles between the European trading companies?

Explanation: The intense competition to hold a monopoly resulted in fierce battle between the trading companies. Trade was carried on with arms, and fortifications were done to protect the trading posts.

What were the reasons of rivalry between European trading companies?

There was rivalry between the trading companies of different European countries in India because:

  • The amount of trade was not sufficient to sustain all the companies.
  • There was a competition to make more profit.
  • In order to gain more trade facilities they had to gain political control over the areas.