The East India Company takes political control in India. Robert Clive leads a British military force to victory at Plassey against the Nawab of Bengal. As a result, the East India Company takes political control over a large swath of India, despite its background as a trading company.
After the Sepoy Rebellion, Parliament ends the rule of the East India Company and places India directly under control of the British crown.
On November 17, 1869, the Suez Canal opens, and British trade with India greatly increases. The system favors the British, who flood India with inexpensive, machine-made textiles.