British East India Company: Difference between revisions
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'''1600, 31st Dec:''' The Company is founded and receives the royal charter from Queen [[Elizabeth I]]. It was to be the ''The Governor and Company of Merchants of London Trading into the East Indies.'' [[Akbar]] is the emperor in India. | '''1600, 31st Dec:''' The Company is founded and receives the royal charter from Queen [[Elizabeth I]]. It was to be the ''The Governor and Company of Merchants of London Trading into the East Indies.'' [[Akbar]] is the emperor in India. | ||
'''1611:''' The Company sets up its first factory (trading post) at Masulipatnam in present day Andhra Pradesh. Masulipatnam was then the principal port of the [[Sultanate of Golconda]]. The port is an important gateway for trade in cotton textiles. The kingdom is happy to have them because it brings greater trade, and hence greater revenue. (The Dutch VOC is already operating there since 1605). | '''1611:''' The Company sets up its first factory (trading post) at '''Masulipatnam''' in present day Andhra Pradesh. Masulipatnam was then the principal port of the [[Sultanate of Golconda]]. The port is an important gateway for trade in cotton textiles. The kingdom is happy to have them because it brings greater trade, and hence greater revenue. (The Dutch VOC is already operating there since 1605). | ||
'''1613:''' A factory at Surat is set up. Permission is received from the then emperor, [[Jahangir]]. | '''1613:''' A factory at '''Surat''' is set up. Permission is received from the then emperor, [[Jahangir]]. | ||
[[File:The first Indian trading posts of the East India Company.png|alt=The first two ports of the company in India|thumb|The first factories of the Company - Masulipatnam and Surat]] | |||
''' | '''1639:''' The EIC sets up a trading post in '''Madras''', that would eventually develop into Fort St. George. | ||
'''1668:''' Charles II, who had received '''Bombay''' as dowry on his marriage to Catherine of Braganza of Portugal, leases it to the EIC for £10 per year. | |||
Latest revision as of 15:08, 12 September 2026
Timeline
1600, 31st Dec: The Company is founded and receives the royal charter from Queen Elizabeth I. It was to be the The Governor and Company of Merchants of London Trading into the East Indies. Akbar is the emperor in India.
1611: The Company sets up its first factory (trading post) at Masulipatnam in present day Andhra Pradesh. Masulipatnam was then the principal port of the Sultanate of Golconda. The port is an important gateway for trade in cotton textiles. The kingdom is happy to have them because it brings greater trade, and hence greater revenue. (The Dutch VOC is already operating there since 1605).
1613: A factory at Surat is set up. Permission is received from the then emperor, Jahangir.
1639: The EIC sets up a trading post in Madras, that would eventually develop into Fort St. George.
1668: Charles II, who had received Bombay as dowry on his marriage to Catherine of Braganza of Portugal, leases it to the EIC for £10 per year.