European companies and the beginning of maritime empires
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European Companies and the Beginning of Maritime Empires. From Foreign Trade to Colonial Conquest. Indian Ocean: An Arena of Trade Commerce in the 16th century. Maritime Trade and Asia as the hub of World Trading Activities Periplus of Erythraean Sea , Strabo(63 BC - AD 20) Pliny ((AD 23-79)

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European Companies and the Beginning of Maritime Empires

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European companies and the beginning of maritime empires

European Companies and the Beginning of Maritime Empires

From Foreign Trade to Colonial Conquest


Indian ocean an arena of trade commerce in the 16th century

Indian Ocean: An Arena of Trade Commerce in the 16th century

  • Maritime Trade and Asia as the hub of World Trading Activities

  • Periplus of Erythraean Sea , Strabo(63 BC - AD 20) Pliny ((AD 23-79)

  • Textiles, Spices, Carpet, Jewelry, Decorative Crafts

  • Indian Ocean Free Trade


Era of explorers

Era of Explorers

  • The closing down of Oceanic Sea Lanes to Europeans

  • New Voyages and New Ideas Marco Polo (c. 1254 – January 8, 1324), Niccolò de' Conti (1385–1469)

  • The Rise of New European Powers and Sea Voyages

  • Search for Oceanic Trade Route to India


European strategy

European Strategy

  • New Sea warfare

  • 1510 Goa, Malacca 1511, Hormuz 1515,

  • Dutch East India (CompanyVereenigde Oostindische Compagnie or VOC March 20, in Dutch, literally "United East Indies Company" ( 1602)

  • English East India (1600-1873)

  • French East India Company (1664–1769 )

  • Transformation of Indian Ocean Trade

  • Global Process of Accumulation of Capital

Trade in India must be conducted and maintained under the protection and favour of your weapons, and the weapons must be supplied from the profits enjoyed by the trade, so that trade cannot be maintained without war or war without trade." (from Auguste Toussaint's: History of the Indian Ocean)

Dutch Jan Pieterzoon Coen (1614)


From trading empire to coastal power centers

From Trading Empire to Coastal Power Centers

  • Trade Rivalries and Fortified Trading Establishments

  • Economic impact of European trading companies

  • Political impact of European trading companies


Indian social organization

Indian Social Organization

  • Trade and commerce in India

  • Indian ocean trade

  • Banking families

  • Co-operation and conflicts with Europeans

  • Bulwarks of new empire

  • From Mercantilism to Free Trade


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