Plzz explain in brief role of …
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Yogita Ingle 5 years, 10 months ago
During the colonial period, the British traders and merchants began the barter of opium with tea (from China to England). However, this process was also accommodated by some of the Indian Entrepreneurs; who provided finance, obtaining stocks and transportation consignments.
To name some Indian Entrepreneurs we can include, Dwarkanath Tagore of Bengal (established six joint-stock companies during the trade with China), Jamsetjee Nusserwanjee Tata and Dinshaw Petit of Bombay (built an industrial domain in India by acquiring their initial capital from shipping to China and raw cotton cargoes to England. Moreover, there were some other Entrepreneurs from Madras ex-changed their goods with the merchants of the Middle East, Burma and East Africa.
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