The British East India Company was a British joint stock company, chartered by Queen Elizabeth in 1600 with a trade monopoly in Southeast Asia and India. It was the first of several such companies established by European powers, followed closely by the East India Companies of the Dutch, Danish, Portuguese, French and Swedish, and associated with the valuable trade in such commodities as cotton, silk, indigo, salt, saltpeter, tea and opium.
India means British troops on the Kabul Plain
These organizations were much more than what we associate with the word “company”. In their day they could raise their own armies, enforce the law up to and including trial and execution of accused wrong doers, and largely functioned outside the control of the governments that formed them. By the early 19th century, the British East India Company ruled over large areas of India with its own private armies.
View original post 705 more words