Consider the following about the EIC’s first factories:
1. The Surat factory was established after getting permission from the local Governor (Subahdar).
2. Early EIC factories were under strict control of the Mughal administration.
3. The English preferred coastal locations to facilitate quick naval support and trade.
Which are correct?

Question

Accepted Answer

Statement 2 is incorrect. Early factories were largely autonomous as long as they paid taxes.

Answer

Answer