The Coming of east india company to india

  • Period: to

    1690 - 1698

    1690: The East India Company established a trading post in Calcuta region of India.
    1694: An act was passed that allowed any english company to trade with India.
    1695: The Mughal Emperor was furious and ordered the closure of four East India factories in India.
    1696: The East India Company built Fort William in Calcutta.
    1698: The East India Company was floated in a joint venture between the current stockholders and the state.
  • Period: to

    1700 - 1726

    1700: China tea was extremely popular in England. The East India Company had paid for the tea with silver but they became concerned that too much silver was leaving the country and so began using opium to pay for the tea.
    1720: The East India Company's import of Indian goods into the UK amounted for 15% of all imports.
    1726: The East India Company's headquarters in London, which had become as India House, was rebuilt and enlarged.