east india company was the first to start a company to trade with india.
who were the first to start a company to trade with india?
east india company
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the dutch east india company, officially the united east india company (; voc) was an early megacorporation founded by a government-directed amalgamation of several rival dutch trading companies ("voorcompagnieën") in the early 17th century. it was established on march 20, 1602, as a chartered company to trade with mughal india during the period of proto-industrialization, from which 50% of textiles and 80% of silks were imported, chiefly from its most developed region known as bengal subah. in addition, the company indianised southeast asian countries when the dutch government granted it a 21-year monopoly on the dutch spice trade. it has been often labelled a trading company (i.e. a company of merchants who buy and sell goods produced by other people) or sometimes a shipping company. however, voc was in fact a proto-conglomerate company, diversifying into multiple commercial and industrial activities such as international trade (especially intra-asian trade), shipbuilding, and both production and trade of east indian spices, formosan sugarcane, and south african wine. the company was a transcontinental employer and an early pioneer of outward foreign direct investment. the company's investment projects helped raise the commercial and industrial potential of many underdeveloped or undeveloped regions of the world in the early modern period. in the early 1600s, by widely issuing bonds and shares of stock to the general public, voc became the world's first formally listed public company. in other words, it was the first corporation to be listed on an official stock exchange. it was influential in the rise of corporate-led globalisation in the early modern period.
dutch east india company