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The East India company was easily the most successful company in the world and was the most powerful commercial enterprise the business industry has ever seen.
The company was founded by a group of London coffee merchants that had been granted a Royal Charter by Queen Elizabeth the I in December of 1600.
During this time the dutch still controlled the spice trade but in 1615 commercial treaty was made which gave The British East India Company exclusive rights to trade to and from India and England.
At first, India’s ruling Mughal Dynasty kept regulated the European traders. Around 1707, however, the Mughal Empire was starting to collapse. There were Dozens of small states that were each headed by a ruler or "maharajah", these states broke away from Mughal control. In 1757, Robert Clive led East India Company troops in a decisive victory over Indian forces allied with the French at the Battle of Plassey. From that time until 1858, the East India Company was the leading power in India
Opium played a big factor in the success of british imperialism. The British would get the opium from India then ship it over to China to trade for tea which would then be sold in England.
The British government officially regulated the East India Company both in London and in India. Up until the 19th century, the company ruled India with very little interference from the British government.
Sure Imperialism would have been possible without the East India Company but would the British have been as powerful? or successful? or rich? Absolutely not. The company provided the resources, the workers, the soldiers and everything in between to allow the British to run the trading game and industrialize as well as colonize all around in places like India as well as China and Africa.
During the industrial revolution, Britain was considered to be the worlds workshop. This "workshop" needed a hefty supplier, that supplier being the East India company. The company was considered to be the "brightest jewel in the crown" due to the importance of the many raw materials they produced and sent to the British.
With the company supplying the british with most of their trading material Great Britain easily became a world superpower. Not only were the british shipping goods all around the world but they were taking over indian industry almost completely. They forced out the majority of local producers and filled the indian markets with their very own textiles.