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Why did the company officials wanted …

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Why did the company officials wanted to be the nawabs

    • Posted by Aman Deoli 5 years, 7 months ago

    CBSE > Class 08 > Social Science
    • 1 answers

    Meghna Thapar 5 years, 5 months ago

    • In 1600, the East India Company acquired a charter from the ruler of England, Queen Elizabeth I, granting it the sole right to trade with the East, without competition from other British traders.
    • But that royal charter could not stop other European powers such as the Portuguese, Dutch, and French. And all those European companies wanted to buy the same things from India - fine qualities of cloth and spices.
    • As competition grew, profits fell, and the European trading companies started building forts and fighting each other.
    • With more business came more conflicts with Indian rulers, and it became difficult for the European traders to keep their business separate form Indian politics.

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