Indian economy flourished with ancient trade from "summary" of A Business History of India by Tirthankar Roy
The ancient trade of India played a crucial role in the flourishing of the Indian economy. From the early centuries of the common era, Indian merchants were engaged in maritime trade with various regions such as Southeast Asia, China, the Middle East, and East Africa. This trade was not limited to the exchange of goods but also involved the transfer of ideas, technologies, and cultures.
The Indian Ocean was a key conduit for this trade, with ports such as Broach, Cambay, Calicut, and Masulipatnam serving as important trading hubs. Indian merchants were adept at navigating the seas and establishing trade networks that spanned vast distances. They traded in a variety of goods including textiles, spices, precious stones, and pottery.
The trade routes also facilitated the spread of religions such as Buddhism and Hinduism to different parts of Asia. Indian merchants played a significant role in promoting these religions through t...
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