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What Attracted European Trading Companies to India?

Here we will learn about the reasons that attracted the European Companies to India. Tap know in more detail.

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Question: What attracted European Trading Companies to India?

Answer: 

India was a perfect spot for all the traders across the world from the ancient days. There are a number of reasons why European trading companies were attracted to India and they are-

  1. The trading companies from Europe purchased goods from India at a cheaper price and sold them at higher prices in Europe
  2. The businessmen in Europe found trading in India highly profitable and fruitful with a lot of benefits.
  3. In Europe, Indian spices like pepper, cardamom, cinnamon, cloves, etc were in great demand.
  4. Indian silk and cotton produced a big market in Europe.
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