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Introduction

Published online by Cambridge University Press:  28 March 2008

Om Prakash
Affiliation:
University of Delhi
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Summary

The history of commercial traffic in the Indian Ocean goes back to at least the early centuries of the Christian era. Networks of trade covering different segments of the Ocean have a history of remarkable resilience without being resistant to innovation. In other words, without disrupting the rhythm of the overall flow, variables such as the share in total trade of different communities of merchants engaged in a given network, the goods carried, and the relative volume of trade carried on at the ports called at, were fully reflective of evolving situations. Over the centuries, India has played a key role in the successful functioning of these trading networks. This undoubtedly was related in part to her location at midpoint geographically, but it also had a good deal to do with her capacity to put on the market large quantities of relatively inexpensive and highly competitive manufactured goods in addition to a whole range of other goods. In return, she provided an important outlet for the specialized agricultural, mineral and other products offered by her trading partners. Trade thus satisfied different kinds of needs for India as compared with her major trading partners, and this by itself provided an excellent basis for a significant and growing level of trade. The key role of India can thus be conceptualized essentially as one of contributing significantly to the expansion of the basis of trade in the Indian Ocean.

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Publisher: Cambridge University Press
Print publication year: 1998

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  • Introduction
  • Om Prakash, University of Delhi
  • Book: European Commercial Enterprise in Pre-Colonial India
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521257589.002
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  • Introduction
  • Om Prakash, University of Delhi
  • Book: European Commercial Enterprise in Pre-Colonial India
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521257589.002
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Introduction
  • Om Prakash, University of Delhi
  • Book: European Commercial Enterprise in Pre-Colonial India
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521257589.002
Available formats
×