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Indian merchants were the primary players in overseas trade during the 1500s and 1600s, with a decline beginning in the 1700s as European powers took control. Trade routes were well-established, with Indian textiles and spices being significant exports, while imports were limited to bullion and specialty goods. The lack of government support for maritime trade and the decline of established merchant networks like the Karim marked a shift in the dynamics of Indian Ocean trade leading up to European dominance

Author

Pragati

Language

EN