East India Company: Difference between revisions
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{{#seo: | {{#seo: | ||
|title=East India Company – | |title = East India Company – British Trading & Colonial Power | ||
|description=The East India Company was a British | |titlemode = append | ||
|keywords=East India Company, British India, | |description = The East India Company was a British joint-stock company founded in 1600, which played a major role in trade, colonization, and the establishment of the British Raj in India. | ||
}} | |keywords = East India Company, British Raj, Colonial India, British Empire, 1600 trading company, joint-stock company, colonization of India, history of British trade, Company rule | ||
The '''East India Company''' (EIC), also known as the '''Honourable East India Company''', was an English trading company established to pursue trade in the East Indies. Eventually, it became a powerful '''colonial and administrative force in India'''. The Company operated from '''1600 to 1874''', exercising military and political power across large parts of the Indian subcontinent. | |image = https://knowlepedia.org/imag/East_India_Company_Flag.svg | ||
|imagealt = Flag of the East India Company | |||
|og:type = article | |||
|og:title = East India Company – British Colonial & Trading Power | |||
|og:description = Learn about the history of the East India Company, its role in Indian colonization, global trade, and its influence on the rise of the British Empire. | |||
|og:image = https://knowlepedia.org/image/East_India_Company_Flag.svg | |||
|twitter:card = summary_large_image | |||
}}The '''East India Company''' (EIC), also known as the '''Honourable East India Company''', was an English trading company established to pursue trade in the East Indies. Eventually, it became a powerful '''colonial and administrative force in India'''. The Company operated from '''1600 to 1874''', exercising military and political power across large parts of the Indian subcontinent. | |||
== Formation and Early Trade == | == Formation and Early Trade == | ||
The Company was founded on '''31 December 1600''', when '''Queen Elizabeth I''' granted a royal charter to 125 London merchants. Initially focused on the spice trade, the EIC soon expanded into the trade of '''textiles, tea, salt, and opium'''. | The Company was founded on '''31 December 1600''', when '''Queen Elizabeth I''' granted a royal charter to 125 London merchants. Initially focused on the spice trade, the EIC soon expanded into the trade of '''textiles, tea, salt, and opium'''. | ||
It established trading posts (called '''factories''') in [[Surat]], [[Madras]] (now [[Chennai]]), [[Bombay]] (now [[Mumbai]]), and [[Calcutta]] (now [[Kolkata]]). Over time, it developed private armies and fortified settlements to protect its interests. | It established trading posts (called '''factories''') in [[Surat]], [[Madras]] (now [[Chennai]]), [[Bombay]] (now [[Mumbai]]), and [[Calcutta]] (now [[Kolkata]]). Over time, it developed private armies and fortified settlements to protect its interests. | ||
== Rise to Political Power == | == Rise to Political Power == | ||
A major turning point was the '''Battle of Plassey (1757)''', where the Company defeated the Nawab of Bengal. This event marked the beginning of '''Company Rule in India''', also known as the '''Company Raj'''. | A major turning point was the '''Battle of Plassey (1757)''', where the Company defeated the Nawab of Bengal. This event marked the beginning of '''Company Rule in India''', also known as the '''Company Raj'''. | ||
The Company began collecting revenue, administering justice, and maintaining its own army—effectively functioning as a state within a state. Prominent figures like [[Robert Clive]] and [[Warren Hastings]] played crucial roles in consolidating British control. | The Company began collecting revenue, administering justice, and maintaining its own army—effectively functioning as a state within a state. Prominent figures like [[Robert Clive]] and [[Warren Hastings]] played crucial roles in consolidating British control. | ||
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* On '''1 November 1858''', the [[British Crown]] assumed direct control through the establishment of the [[British Raj]]. | * On '''1 November 1858''', the [[British Crown]] assumed direct control through the establishment of the [[British Raj]]. | ||
* The Company was formally '''dissolved in 1874'''. | * The Company was formally '''dissolved in 1874'''. | ||
== Legacy == | == Legacy == |