Best answer: Where did the European traders set up their trading post in India?

The main factories of the Portuguese East Indies, were in Goa, Malacca, Ormuz, Ternate, Macao, and the richest possession of Bassein that went on become the financial centre of India as Bombay (Mumbai).

Where did the European traders set up their trading post?

Forts Orange (the present site of Albany, New York) and Amsterdam were established as trading posts shortly thereafter.

What European countries set up trading stations in India?

The Portuguese

The first European to arrive in India were Portuguese. They were the first to set up their trading post in India. With their improved ships and use of force, they drove the Arab traders away from Indian markets. Vasco da Gama was the first person who discovered a new route.

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Who were the first European to set up their trading post in India?

Portuguese were the first Europeans to start trade with India. After the fall of Ottoman Empire and capture of Constantinople in 1453 it became difficult for Europeans to trade with India via land route.

Who established trading post in India?

East India Company

Company flag (1801)
Coat of arms (1698) Motto: Auspicio Regis et Senatus Angliae Latin for “By command of the King and Parliament of England”
Industry International trade
Founded 31 December 1600
Founders Thomas Smythe

Where were trading posts usually located?

Forts were located where there was natural protection like near big hills or places that were close to islands. Forts were located near lots of natural resources were (lots of trees or stone) so that they had lots of material to build them. Trading posts were often named for the local river or body of water.

What were trading post empires?

Trading post empire: Form of imperial dominance based on control of trade rather than on control of trade rather than on control of subject peoples.

Why did European traders come to India?

European traders were attracted towards India because of the spices grown in tropical climates – pepper, cinnamon, nutmeg, dried ginger etc. These spices had become an important part of European cooking. Also, they found the cotton cloth very attractive.

When did European trading companies came to India?

Hint: European trading companies first arrived in India in the 18th century. The first European that arrived in India through a direct sea route was a Portuguese known as Vasco da Gama. He took with him a rich cargo while returning back and sold it at the market in Europe at a huge price.

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Why did European trading companies come to India?

The fine qualities of cotton and silk produced in India had a big market in Europe. Indian spiced like pepper, cloves cardamon and cinnamon too were in great demand. Hence< European trading companies were attracted to India.

Where did the Portuguese set up trading posts in the 1400s?

Portugal established trading ports at far-flung locations like Goa, Ormuz, Malacca, Kochi, the Maluku Islands, Macau, and Nagasaki.

When did European established their first trading post in Africa?

The Portuguese, the first Europeans to visit the western coast of Africa, established trading posts on the CAPE VERDE Islands in the 1460s and began building forts on the Gold Coast in 1482.

What were the names of the trading post set up in Asia?

Manhattan and Singapore were both established as trading posts, by Dutchman Peter Minuit and Englishman Stamford Raffles respectively, and later developed into major settlements.

Where was the first trading post set up by the British?

The British landed on the Indian Subcontinent at the port of Surat on August 24, 1608 AD for the purpose of trade, but after 7 years British got royal order (i.e. Farman) to establish a factory at Surat under the leadership of Sir Thomas Roe (Ambassador of James I).

Which coast of India were most of the European trading posts located quizlet?

On which coast of India were most of the European trading posts located: north, south, west, or east? Most were located on the southwest (west) coast of India.

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When was the first trading post made?

The first trading-post was established at the mouth of Clear Creek, Colorado in 1832, by Louis Vasquez, and named Fort Vasquez, after its proprietor, but never grew into much importance and was soon abandoned. Fort Laramie, Wyoming painting by Alfred Jacob Miller.