Situating Trade And Traders In The Overall Agrarian Milieu Of Early India, This Book Highlights The Diversities Of Merchants And Market Places, Which Are Not Viewed As An Undifferentiated Category. The Author Strongly Argues Against The Perception Of Declining Trade In India During The Period Ad 600-1000, And Demonstrates The Linkages Of Trade At The Locality Level During This Period. In-Depth Analysis Of Maritime Commerce In The Bengal Coast (C. 200 Bc To Ad 1300) Is A Major Feature Of The Book. The Author Also Examines The Role Of Trading Communities In The Making Of Plural And Complex Society Like India.

Highlighting diverse types of market places and merchants, this book situates the commercial scenario of early India (up to c. ad 1300) in the overall agrarian material milieu of the subcontinent. The book questions the stereotypical narrative of early Indian trade as exchanges in small quantity, exotic, portable luxury items and strongly argues for the significance of trade in relatively inexpensive bulk commodities – including agrarian/floral products – at local and regional levels and also in long distance trade. That staple items had salience in the sea-borne trade of early India figures prominently in this book which points out that commercial exchanges touched the everyday life of a variety of people. A major feature of this work is the conspicuous thrust on and attention to the sea-borne commerce in the subcontinent. The history of Indic seafaring in the Indian Ocean finds a prominent place in this book pointing out the braided histories of overland and maritime networks in the subcontinent. In addition to three specific chapters on the maritime profile of early Bengal, the third edition of Trade and Traders in Early Indian Society offers two new chapters (14 and 15) on the commercial scenario of Gujarat, dealing respectively with an organization of merchants during the early sixth century ad and with the long-term linkages between money-circulation and overseas trade in Gujarat c. ad 500-1500). A new preface to the Third Edition discusses the emerging historiographical issues in the history of trade in early India. Rich in the interrogation of a wide variety of primary sources, the book analyses the changing perspectives on early Indian trade by taking into account the current literature on the subject.

This collection of fifteen essays and extracts, covering a chronological span from the third millennium BC to c AD 1300 and written by leading historians of early India, highlight the changing perspectives, methods, and approaches to the study of early Indian trade.

Claude Markovits tells the story of two groups of Hindu merchants from the towns of Shikarpur and Hyderabad in the province of Sind. Basing his account on previously neglected archival sources, the author charts the development of these communities, from the pre-colonial period through colonial conquest and up to independence, describing how they came to control trading networks throughout the world. While the book focuses on the trade of goods, money and information from Sind to the widely dispersed locations of Kobe, Panama, Bukhara and Cairo, it also throws light on the nature of trading diasporas from South Asia in their interaction with the global economy. This is a sophisticated and accessible book, written by one of the most distinguished economic historians in the field. It will appeal to scholars of South Asia, as well as to colonial historians and to students of religion.

In this remarkable 1994 work of comparative economic history, Stephen Dale studies the activities and economic significance of the Indian mercantile communities which traded in Iran, Central Asia and Russia in the seventeenth and eighteenth centuries. The author uses Russian sources, hitherto largely ignored, to show that these merchants represented part of the hegemonic trade diaspora of the Indian world economy, thus challenging the conventional interpretation of world economic history that European merchants overwhelmed their Asian counterparts in the early modern era. The book not only demonstrates the vitality of Indian mercantile capitalism, but also offers a unique insight into the social characteristics of an Indian expatriate trading community in the Volga-Caspian port of Astrakhan.

The period from the death of Alexander the Great to the rise of the Islam (c. late fourth century BCE to seventh century CE) saw a significant growth in economic, diplomatic and cultural exchange between various civilisations in Africa, Europe and Asia. This was in large part thanks to the Indian Ocean trade. Peoples living in the Roman Empire, Parthia, India and South East Asia increasingly had access to exotic foreign products, while the lands from which they derived, and the peoples inhabiting these lands, also captured the imagination, finding expression in a number of literary and poetic works. The Indian Ocean Trade in Antiquity provides a range of chapters that explore the economic, political and cultural impact of this trade on these diverse societies, written by international experts working in the fields of Classics, Archaeology, South Asian studies, Near Eastern studies and Art History. The three major themes of the book are the development of this trade, how consumption and exchange impacted on societal developments, and how the Indian Ocean trade influenced the literary creations of Graeco-Roman and Indian authors. This volume will be of interest not only to academics and students of antiquity, but also to scholars working on later periods of Indian Ocean history who will find this work a valuable resource.

The role of markets in linking local communities to larger networks of commerce, culture, and political power is the central element in Anand A. Yang's provocative and original study. Yang uses bazaars in the northeast Indian state of Bihar during the colonial period as the site of his investigation. The bazaar provides a distinctive locale for posing fundamental questions regarding indigenous societies under colonialism and for highlighting less familiar aspects of colonial India. At one level, Yang reconstructs Bihar's marketing system, from its central place in the city of Patna down to the lowest rung of the periodic markets. But he also concentrates on the dynamics of exchanges and negotiations between different groups and on what can be learned through the "voices" of people in the bazaar: landholders, peasants, traders, and merchants. Along the way, Yang uncovers a wealth of details on the functioning of rural trade, markets, fairs, and pilgrimages in Bihar. A key contribution of Bazaar India is its many-stranded narrative history of some of South Asia's primary actors over the past two centuries. But Yang's approach is not that of a detached observer; rather, his own voice is engaged with the voices of the past and with present-day historians. By focusing on the world beyond the mud walls of the village, he widens the imaginative geography of South Asian history. Readers with an interest in markets, social history, culture, colonialism, British India, and historiographic methods will welcome his book.

In recent decades, private investment has led to an economic resurgence in India. But this is not the first time the region has witnessed impressive business growth. There have been many similar stories over the past 300 years. India's economic history shows that capital was relatively expensive. How, then, did capitalism flourish in the region? How did companies and entrepreneurs deal with the shortage of key resources? Has there been a common pattern in responses to these issues over the centuries? Through detailed case studies of firms, entrepreneurs, and business commodities, Tirthankar Roy answers these questions. Roy bridges the approaches of business and economic history, illustrating the development of a distinctive regional capitalism. On each occasion of growth, connections with the global economy helped firms and entrepreneurs better manage risks. Making these deep connections between India's economic past and present shows why history matters in its remaking of capitalism today.

In this book, Kenneth Hirth provides a comparative view of the organization of ancient and premodern society and economy. Hirth establishes that humans adapted to their environments, not as individuals but in the social groups where they lived and worked out the details of their livelihoods. He explores the variation in economic organization used by simple and complex societies to procure, produce, and distribute resources required by both individual households and the social and political institutions that they supported. Drawing on a wealth of archaeological, historic, and ethnographic information, he develops and applies an analytical framework for studying ancient societies that range from the hunting and gathering groups of native North America, to the large state societies of both the New and Old Worlds. Hirth demonstrates that despite differences in transportation and communication technologies, the economic organization of ancient and modern societies are not as different as we sometimes think.