Which of the following goods were popular among European Managing Companies?

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Coffee and Tea plantation

Indigo

Jute

All of the above

answer is D.

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Detailed Solution

Coffe and Tea plantation, Indigo and Jute were famous among European Managing Companies. The European Managing Agencies, in charge of regulating Indian industrial production, became interested in particular kinds of goods. The colonial government gave them affordable land, which they utilised to build tea and coffee plantations. They also invested in jute, indigo, and mining. Most of these items were required more for export trade than home use. Indian merchants did not create enterprises until the latter part of the nineteenth century to avoid competing with Manchester goods in the Indian market. Because the cotton yarn was not a substantial part of British imports into India at the time, early cotton mills in India produced coarse cotton yarn (thread) rather than fabric. Only the highest quality yarn was imported at that time. Weavers of handlooms in India and China used yarn made in Indian spinning mills.

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