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The influence of Indian merchants in the international textile market reduced significantly after the emergence of
The influence of Indian merchants in the international textile market reduced significantly after the emergence of
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Solution
The correct option is C European merchants
The Europeans secured several concessions from local kings and gradually gained monopoly rights over trade. The amount of trade carried out from ports like Surat and Hooghly reduced. Eventually, new trade centres like Bombay and Calcutta developed. The shifting of trade centres symbolised the growth of colonial power.
The Europeans secured several concessions from local kings and gradually gained monopoly rights over trade. The amount of trade carried out from ports like Surat and Hooghly reduced. Eventually, new trade centres like Bombay and Calcutta developed. The shifting of trade centres symbolised the growth of colonial power.
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