Sunday, November 29, 2009

FORMATIVE YEARS OF THE EAST INDIA COMPANY

FORMATIVE YEARS OF THE EAST INDIA COMPANY

1600: The East India Company was established.

1608: William Hawkins arrived at Jahangir's court.

1611: Captain Middleton obtained the permission of the Mughal governor of Surat to trade at the place.

1613: A permanent factory of East India Company was established at Surat.

1615: Sir Thomas Roe, the ambassador of King James I, arrived at Jahangir's court. By 1618, the ambassador succeeded in obtaining two farmans (one each from the king and the prince Khurram) confirming free trade with exemption from inland tolls.

1616: The Company established its first factory in the south in Masulipatnam.

1632: The Company got the golden Jarman from the Sultan of Golconda which ensured safety and prosperity of their trade.

1633: The Company established its first factory in east India in Hariharpur, Balasore (Orissa).

1639: The Company got the lease of Madras from a local king. 1651: The Company was given permission to trade at Hooghly (Bengal).

1662: The British King, Charles n, was given Bombay as dowry for marrying a Portuguese princess (Catherine of Braganza).

1667: Aurangzeb gave the English a farman for trade m! Bengal.

1691: The Company got the imperial order to continue their trade in Bengal in lieu of payment of Rs 3,000 a year.

1717: The Mugh31 emperor Farrukhsiyar issued a farman, called Magna Carta of the Company, giving the com­ pany a large number of trade concessions.

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