What attracted European trading companies to India?

1.	What attracted European trading companies to India?
Answer» European trading companies were attracted to India because of a number of reasons: (i) Trading with India was highly profitable and fruitful to the businessmen in Europe. (ii) The European trading companies purchased goods at cheaper and sold them in Europe at the higher prices. (iii) The fine qualities of cotton and silk produced in India had a big market in Europe. (iv) Indian spices like – pepper, cloves, cardamom and cinnamon were in great demand in Europe. Indian cotton and silk was in great demand in Europe. Indian spices were also in great demand. Goods could be bought at cheaper rates from India and could be sold at higher rates in Europe. This prospect attracted the European trading companies to India.

Answer»

European trading companies were attracted to India because of a number of reasons:
(i) Trading with India was highly profitable and fruitful to the businessmen in Europe.
(ii) The European trading companies purchased goods at cheaper and sold them in Europe at the higher prices.
(iii) The fine qualities of cotton and silk produced in India had a big market in Europe.
(iv) Indian spices like – pepper, cloves, cardamom and cinnamon were in great demand in Europe.

Indian cotton and silk was in great demand in Europe. Indian spices were also in great demand. Goods could be bought at cheaper rates from India and could be sold at higher rates in Europe. This prospect attracted the European trading companies to India.

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