European traders first appeared in India at the end of the fifteenth century and began exporting goods to Europe as well as to other parts of Asia. In a detailed analysis of the trading operations of European corporate enterprises such as the English and Dutch East India Companies, as well as those of private European traders, this book considers how, over a span of three centuries, the Indian economy expanded and was integrated into the pre-modern world economy as a result of these interactions. The book also describes how this essentially market-determined commercial encounter changed in the latter half of the eighteenth century as the colonial relationship between Britain and the subcontinent was established. By bringing together and examining the existing literature, the author provides a fascinating overview of the impact of European trade on the pre-modern Indian economy which will be of value to students of Indian, European and colonial history.
"Analyzes European trading operations in precolonial India." Journal of Economic Literature "...a very valuable work." Douglas E. Haynes, Pacific Affairs "...a scholarly and informative survey...a clear picture of the Indian economic structure in the pre-colonial period..." The International History Review "...this is an amazingly erudite and encompassing book, which ably serves its primary function of offering a survey of the first three centuries of Indo-European commerce..." John Adams, Eh.Net