Wednesday, March 23, 2011
Indian History - British Period
In 1633, in the Mahanadi delta of Haripura at Balasore in Orissa, factories were set up.
In 1640, East India Company established an outpost at Madras. In 1661, the company obtained Bombay from Charles II and converted it to a flourishing center of trade by 1668. English settlement rose in Orissa and Bengal.
In 1650, Gabriel Boughtonn , an employee of the Company, obtained a license for trade in Bengal. An English factory was set up in 1651 at Hugli. In 1690 Job Charnock established a factory. In1698 the factory was fortified and Called Fort William. The villages of Sutanati, Kalikata, and Gobindapore were developed into a single area called Calcutta. Calcutta became a trading center for East India Company. Once in India, the British began to compete with the Portuguese, Dutch, and the French. Through a combination of outright combat and deft alliance with local princes, the East India Company gained control of all European trade in India by 1769. In 1672 the French established themselves at Pondichery and stage was set for a rivalry between the British and French for control of Indian trade.