Factories were set up in India by Portuguese ____.

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Detailed Solution

British East India companies set up factories in India. The factory was set up as a trading business for foreigners to export goods. European companies approached India's Mughal rulers for permission to set up factories in a specific location. The factory was a warehouse where the European companies stored the goods they purchased from Indian markets and processed them for export to their countries. The Portuguese set up their factory in Calicut (Kerala) and the British in Surat (Gujarat).

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