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How did the production of opium …

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How did the production of opium indigo and sugar shot up the profit margins od East India Company?
  • 1 answers

Gaurav Seth 6 years, 3 months ago

The East India Company was facing successive invasion from the north and west The empire was about to come to an end, so they began trading in different commodities that included opium, indigo and sugar. They served as the luxury product for the Indians and thus caused a massive increase in the revenues. They became he coin of exchange, revenues kept growing from their trading and profit margins grew to incredible extent. 

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