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Where did British built new ports …

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Where did British built new ports for their trade.

Posted by Rohan Kumar 5 years, 6 months ago

CBSE > Class 10 > Social Science

2 answers

Rohan Kumar 5 years, 6 months ago

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Yogita Ingle 5 years, 6 months ago

The port of Surat declined by the end of the eighteenth century on account of the growing power of European companies in trade with India. They secured many concessions from local courts as well as the monopoly rights to trade. This led to a decline of the old ports of Surat and Hoogly from where local merchants had operated. Exports slowed and local banks here went bankrupt.

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