Describe the contribution of india entrepreneurs …
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Yogita Ingle 7 years, 2 months ago
Growing food and other crops for the world market required capital. Large plantations could borrow it from banks and markets.
(i)The Indian bankers were Shikaripuri Shroffs and Nattu Kottai Chettiars.
(ii)They were amongst the many groups of bankers and traders who financed export agriculture in Central and Southeast Asia, using either their own funds or those borrowed from European banks.
(ii)They had a sophisticated system to transfer money over large distances, and even developed indigenous forms of corporate organisation.
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