How did the Portuguese trade finance in India?

Question

13 Oct 2021

Answer :

Word Count : 381

During the period from c. 1206 to 1707 in India, the Portuguese played a significant role in trade and commerce. Their involvement in Indian trade was marked by a unique approach to trade finance. The Portuguese, led by Vasco da Gama's historic voyage in 1498, established a maritime route to India, which allowed them to engage in lucrative trade with the Indian subcontinent.

The Portuguese financed their trade in India through a combination of methods:

1. Crown Sponsorship: Initially, Portuguese voyages to India were sponsored by the Portuguese Crown. King Manuel I of Portugal supported _________ __________ ______ __________ __________ _______ _______ __________ ______ ________ ___.
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