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Q.

Where did the first factory of the East India Company was established?


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An Intiative by Sri Chaitanya

a

Surat

b

Madras

c

Masulipatnam

d

Hugli 

answer is D.

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Detailed Solution

The first English factory was established on the banks of the Hugli River. At the time, the Company's merchants, referred to as "factors," operated out of this location. The factory contained offices where Company representatives sat in addition to storage where goods for export were kept. The Company convinced traders and merchants to move close to the factory as trade increased. It started constructing a fort around the village in 1696.
 
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