The corporation relied on a “factory” system, leaving representatives it called “factors” behind to set up trading posts and allowing them to source and negotiate for goods. Thanks to a treaty in 1613 with the Mughal emperor Jahangir, it established its first factory in Surat in what is now western India.
Where did Portuguese set up their first factory?
Notes: The Portuguese explorer, Pedro Alvarez Cabral established the first European (Portuguese) factory at Calicut, India.
Who is the real founder of Portuguese?
Notes: Alfonso de Albuquerque is called the real founder of the Portuguese Empire in India. He succeeded to strengthen the Portuguese control over the Indian Ocean.
Who broke the monopoly of Portuguese in India?
Jan Huyghen van Linschoten is credited for enabling the British East India Company as well as the Dutch East India company to break the 16th century monopoly of the Portuguese in trade with the East Indies.
Which is the oldest company in India?
List of Oldest Companies in India Year-Wise
|Company Name||Year Established|
|Dabur India Ltd.||1884|