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English East India Company

After the victory over the Spanish Armada, the desire of Englishmen to trade directly began to increase like other Europeans.

Accordingly a resolution was passed under the chairmanship of Lord Mayor in September 1599 to form an association to trade with India.

On 31st December 1600, Queen Elizabeth granted a charted tot he company authorizing the trade.

The charter was given for 15 years.

The English company set up a factory at Bantam but it met bitter opposition from Dutch.

The company sent captain Hawkins to the court of Jahangir to get certain concessions for the English.

Permission was given to the English to settle at surat but concessions were cancelled due to Portuguese influence.

In 1615 the company sent Sir Thomas Roe to the court of Jahangir and got certain trading concessions.

English captured Ormuz from Portuguese.

Trading centres at Aramgaon and Masulipatnam were established.

The company got Madras in 1640 and obtained a permission to set up Fort St.George.

Factories were set up in Balasore, Hariharpore and Hugli.

The company got Bombay from Charless II at nominal rent.

Medieval

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