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The East India Company (EIC), originally chartered as the Governor and Company of Merchants of London trading into the East Indies, and more properly called the Honourable East India Company, was an English, and later (from 1707) British joint-stock company, formed to pursue trade with the East Indies but that ended up trading mainly with the Indian subcontinent, Qing Dynasty China, North-West Frontier Province and Balochistan. The company rose to account for half of the world’s trade, particularly trade in basic commodities that included cotton, silk, indigo dye, salt, saltpetre, tea and opium. The company also ruled the beginnings of the British Empire in India.
The company received a Royal Charter from Queen Elizabeth in 1600, making it the oldest among several similarly formed European East India Companies. Wealthy merchants and aristocrats owned the Company’s shares. The government owned no shares and had only indirect control. The company eventually came to rule large areas of India with its own private armies, exercising military power and assuming administrative functions. Company rule in India effectively began in 1757 after the Battle of Plassey and lasted until 1858 when, following the Indian Rebellion of 1857, the Government of India Act 1858 led to the British Crown to assume direct control of India in the new British Raj.

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16 Comments

  1. fascinating and heartbreaking to see how little regard these "Buissness people" had for human life both in the east and the west

  2. There are no documentaries on the East India company formation and history of the company itself. There are a few that include it briefly on the British Empire.

  3. Before the EIC the rajahs were cruel to their people who they treated inhumanely, allowed the practise of suthi, and generally enslaved enemies. The EIC ended this and stopped the hill tribes and Afghans from raiding India. The armies of the EIC were key to eliminating thuggies who strangled and robbed their victims. The EIC were the best thing that ever happened to India.

  4. To badger people of history with snotty accusations is shortsighted and misleading in knee-jerk conclusions.
    The British were amazing. Fascinating achievements best learned about w/o condemnatory judgments. That attitude is immature and lazy.
    Many books on parts of the period: Easy readers by Byron Falwell incl. Queen Victoria's Little Wars.
    Another easy reader is All The Tea in China by Sarah Rose.
    I'm looking for something more than a robot text reading. There are great history docs on You Tube.

  5. I like some aspects of British culture but must admit the British were too unjust with the Indians ! I am studying history !

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