Final answer:
European trading companies were attracted to India for luxury items, establishing trade dominance and alliances.
Explanation:
European trading companies were attracted to India due to the abundance of luxury items such as tea, spices, silk, salt, and jute. The British East India Company established exclusive trade rights with India, gaining dominance through strategic alliances and trade superiority. The access to valuable resources, control over trade routes, and establishment of trading posts helped European powers like Britain gain economic advantages in India.
Learn more about European trading companies in India here:
https://brainly.com/question/36922592
