Describe the contribution of Indian entrepreneurs in the world market.
There was need of capital for growing food and other crops for the world market. Large plantations could borrow capital from banks and markets. Others, such as humble peasants fulfilled their requirements as mentioned below : There were the Shikaripuri Shroffs and Nattukottai Chettiars who were bankers and jr traders that financed export agriculture in Central and South-East Asia. They used their own capital or borrowed from European banks. They had a sophisticated system to transfer money over large distances. They even developed indigenous forms of corporate organisation, Indian traders and moneylenders followed European colonisers into Africa also. Hyderabadi Sindhi traders established flourishing emporia at busy ports worldwide. They sold local and imported curios to the tourists whose numbers were beginning to swell due to the development of safe and comfortable passenger vessels.
