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Old Thursday, October 17, 2019
Mir Shahnawaz Mir Shahnawaz is offline
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Default East India Company

EIC was established when Queen Elizabeth I signed a royal charter on 31st dec 1600

First EIC ships reached India in the area of Surat in 1608

EIC established its first trading post in Machli Patnam INDIA in 1611

King James I sent Sir Thomas Roe to india to secure a commercial treay with Emperor Jahangir in 1612

After the treaty of 1615, EIC got exclusive rights to build factories in india, first Factories were built in Surat in 1619

first fort was established in 1640 named St.George Fort at Madras

in 1670 King Charles II gave the right to company to bear arms, defend, build forts and acquire territories.

Fort William was built in 1696 in Calcutta

the fort was taken by Nawab of bengal in 1756 then again Lord Clive of EIC took over the fort in 1757

Battle of Plassey took place on 23rd june 1757, which established the EIC as reckoning force in Bengal.

Regulating Act of 1773 gave the parliament control of EIC and Lord Warren Hasting was installed as the first governor General of Fort William.

in 1778 the EIC troops rose to 67,000 from 3000 in 1750

EIC Act of 1833 removed all trade monopolies of EIC.

Govt of India Act 1853 supervised that the EIC would continue to run on its own unless the Parliament thinks otherwise.

in 1858 the company was nationalized and the Crown took control.
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