Trade and Commerce in Ancient India During ancient times Hindus were the masters of the seaborne trade of Europe, Asia and Africa. Till about the beginning of the 18 th century almost every nation on earth obtained to a large extent its supplies of fine cotton and silk fabric, spices, indigo, sugar, drugs, precious stones and many curious works of art from India in exchange of gold and silver. This traditional prosperity of India began to vanish only at the dawn of the Industrial Revolution in the west. In industrial production ancient India was far ahead in comparison with other countries of those times. According to Prof. Webe...
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