PQR

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Operations One of the most important of the part of East India Company’s business in India was the operations part. It included their places of business, places of forts, transports, infrastructure etc. Company’s officials had a long vision with respect to their businesses. So they acquired prime locations for their businesses. These places included ports, important business locations during pre-colonial era. For these operations following are the important activities taken by them. Locations 1. By 1668 The Company had established factories in Goa, Chittagong, Bombay, Madras and three small villages in the east of India called Sutanati, Gobindapore and Kalikata which was renamed Calcutta in 1690. The major factories became the walled forts of Fort William in Calcutta, , which developed into the great Indian Cities of today. Of these forts Fort William remains active as the HQ of the Eastern Command of the Indian Army. 2. The company’s first “factory” was established in the town of Machilipatnam of the Coromandel Coast of The Bay of Bengal. The location was crucial to the British as this gave them access to spices that were not controlled by Dutch Traders. 3. Sir Thomas Roe arranged a treaty with Emperor Nurudin Salim Jahangir. Company got an exclusive rights to reside and build factories around Surat in exhcnage for rare commodities from Europe. This prime location helped them to fight war with Portugese and Dutch governments and merchants. 4. One more of the important location was the forts in India. By 1668, Goa, Chittagong, Bombay, Madras, Sutanati, Gobindapore and Kalikata were the cities having factories. These factories went on to become the forts of Fort William in Calcutta, Fort St George in Madras and Bombay castle. 5. ... ... middle of paper ... ...st Indies') was formed in London in 1600. In 1698 a 'New' company, chartered in opposition ('The English Company Trading to the East Indies') was formed. The 'Old' and 'New' Companies merged to become 'The United East India Company' in 1709 or 'East India Company' (the name legalised in 1833). The Old and New Companies had similar executive structures, and the United Company adopted forms from its predecessors. The executive comprised a body of proprietors or stockholders and an elected executive or 'Court' of Directors (or 'Court of Committees' to 1699). It comprised 24 Directors elected from and by the stockholders (or 'Proprietors'). The Court of Directors held regular meetings to supervise the routine business of the Company. The Proprietors met at least four times a year as 'General Court.' to elect Directors, oversee their activities and debate Company policy.
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