European Managing Companies were interested in which of the following products?

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Coffee and Tea plantation

Indigo

Jute

None of the above

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Detailed Solution

European Managing Companies were interested in coffee and tea plantation, indigo, jute and mining. Specific types of products piqued the interest of European Managing Agencies, which controlled Indian industrial production. The colonial administration offered them inexpensive land, which they used to start tea and coffee plantations. They also made investments in mining, indigo, and jute. The majority of these were goods that were most needed for export trade rather than for domestic use.
To avoid competing with Manchester products in the Indian market, Indian merchants didn't start industries until the late nineteenth century. Early cotton mills in India made coarse cotton yarn (thread) rather than fabric since the yarn was not a significant component of British imports into India. Only the highest quality yarn was imported at that time. Weavers of handlooms in India and China both used the yarn made in Indian spinning mills.

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