Economics & Industry

Job Charnock Establishes Factory in Calcutta

Job Charnock, an agent of the East India Company, established a factory on the site that would become Calcutta, initially marking the beginning of this important city. The establishment aimed to facilitate trade in the lucrative markets of Bengal, which were rich in resources like silk and spices. The factory served both as a trading post and a residence for Company officials, signifying the increasing influence of British interests in the region. Charnock's actions paved the way for the transformation of the area into a major urban center.

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