Question

the eic also had one other huge advantage—its alliance with indian bankers. you see, while the mughal emperors had generally not liked or cooperated with the wealthy indian financial community, the merchants of the eic were very willing to borrow money from these bankers and were careful to always pay them back. indian bankers were as much a part of this multinational corporation as british investors were.
aided by loans from indian bankers, the eic moved into a new industry in the nineteenth century—the drug trade. eic officers recognized that there was a huge market for opium, especially in china but also in europe. soon, huge parts of bengal were growing poppy and turning it into a drug. in 1840, when china began to refuse to allow eic opium into the country, the companys troops, aided by the british government, went to war to force china to reopen trade.
opium: an addictive drug derived from one variety of poppy, containing various narcotic substances, and producing calm, stupor, sleep, or relief from pain
discuss the role of indian bankers in the success of the east india company. how did their involvement differ from that of the mughal emperors?

Explanation:

Indian bankers provided loans to the EIC, enabling its expansion into new industries like the drug trade. The Mughal Emperors, on the other hand, did not cooperate with the wealthy Indian financial community.

Answer:

Indian bankers played a crucial role in the success of the East India Company by providing loans, which helped the company expand into new industries. Their involvement differed from that of the Mughal Emperors, who did not cooperate with the wealthy Indian financial community.