The british Empire grew to the point where it was stated that the sun never set on it, thanks to the east india Company, which founded british dominion in india and ruled the indian subcontinent and other significant regions of the world for almost a century. However, as the british Empire fell apart after World war II, what became of the east india Company? Who is the owner of this once-dominant trading organization today?
Let us delve into these interesting questions and find out more:
When was the east india Company established?
In order to establish the british Crown's supremacy in other regions of the world, particularly in india and east Asia, the east india Company was founded in england on december 31, 1600 AD, as a trade business under a special charter from the british Crown.
The company first forged trade ties with indian rulers before progressively utilizing its expanding political and military power to seize land. This culminated in the Battle of Plassey on june 23, 1757, which established british dominance in bengal and set the stage for the company's eventual takeover of all of India.
What happened to the british east india Company after India's independence?
The british east india Company quickly expanded its military presence throughout india following the Battle of Plassey, seizing total authority over sizable regions. But because of its oppressive practices, the native population began to feel more independent, which sparked the 1857 revolution—the first struggle for India's freedom.
The british Crown terminated the british east india Company's control after the 1857 revolution, which the british referred to as a "sepoy mutiny," and placed direct control of India's governance under the queen of England.
After World war 2, the once-powerful british Empire and the british east india Company were reduced to shadows, and on august 15, 1947, british dominion in india came to an end. Notably, in 1874, the british Crown totally repealed the special charter that granted the east india Company its rights.
Who currently owns the east india Company?
Ironically, the east india Company's current CEO and owner is from india, the country it dominated for almost 200 years. Sanjiv Mehta is a british business magnate of indian descent. Mehta is presently the CEO of east india Company, which has ventures in the luxury goods industry. The company sells luxury home products, gift baskets, tea, coffee, and other culinary items in addition to a variety of beverages.
Let us delve into these interesting questions and find out more:
When was the east india Company established?
In order to establish the british Crown's supremacy in other regions of the world, particularly in india and east Asia, the east india Company was founded in england on december 31, 1600 AD, as a trade business under a special charter from the british Crown.
The company first forged trade ties with indian rulers before progressively utilizing its expanding political and military power to seize land. This culminated in the Battle of Plassey on june 23, 1757, which established british dominance in bengal and set the stage for the company's eventual takeover of all of India.
What happened to the british east india Company after India's independence?
The british east india Company quickly expanded its military presence throughout india following the Battle of Plassey, seizing total authority over sizable regions. But because of its oppressive practices, the native population began to feel more independent, which sparked the 1857 revolution—the first struggle for India's freedom.
The british Crown terminated the british east india Company's control after the 1857 revolution, which the british referred to as a "sepoy mutiny," and placed direct control of India's governance under the queen of England.
After World war 2, the once-powerful british Empire and the british east india Company were reduced to shadows, and on august 15, 1947, british dominion in india came to an end. Notably, in 1874, the british Crown totally repealed the special charter that granted the east india Company its rights.
Who currently owns the east india Company?
Ironically, the east india Company's current CEO and owner is from india, the country it dominated for almost 200 years. Sanjiv Mehta is a british business magnate of indian descent. Mehta is presently the CEO of east india Company, which has ventures in the luxury goods industry. The company sells luxury home products, gift baskets, tea, coffee, and other culinary items in addition to a variety of beverages.
click and follow Indiaherald WhatsApp channel