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During the colonial period, Bihar became a major producer of opium, which was one of the primary commodities traded by the British East India Company. The British used opium to exchange for Chinese goods like tea and silk, which was central to their trade policy.
The Dutch East India Company focused on establishing a trading network in Bihar by setting up fortified factories along the Ganges River, primarily dealing in goods like saltpetre, opium, and cotton textiles. These factories helped the Dutch dominate trade in the region before their influence was overtaken by the British.
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39 videos|82 docs|41 tests
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