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Q.

Choose the given statement as true/false:


Surat on the Gujarat coast connected India to the Gulf and Red Sea ports.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true;
The major pre-colonial ports saw active sea trade. Masulipatam on the Coromandel coast and Hoogly in Bengal had trade ties with Southeast Asian ports, while Surat on the Gujarat coast connected India to the Gulf and Red Sea ports. In this network of export trade, a wide range of Indian merchants and bankers participated by providing funding for production, transporting goods, and supplying exporters. The inland areas were connected to the port towns through supply merchants. They transported the materials to the ports, provided advances to weavers, and purchased the woven fabric from weaving communities. Large shippers and exporters had brokers at the port who negotiated prices and purchased products from the suppliers.
 
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